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CLEVELAND, Oct. 9, 2024 /PRNewswire/ — The Board of Administrators of Avient Company (NYSE: AVNT), a important supplier of specialised and sustainable fabrics answers, has declared a quarterly money dividend of twenty-seven cents ($0.27) in step with proportion at the ordinary conserve remarkable, representing the fourteenth consecutive annual build up.
The $0.27 in step with proportion might be paid on January 8, 2025, to stockholders of document on December 13, 2024. On an annualized foundation, the dividend will build up roughly 5%, from $1.03 to $1.08 in step with proportion at the ordinary conserve remarkable.
“We are pleased to raise our dividend for the fourteenth consecutive year,” mentioned Dr. Ashish Khandpur, President and Prominent Govt Officer, Avient Company. “We remain committed to our history of increasing the dividend with underlying earnings growth and returning cash to shareholders through our disciplined capital allocation strategy.”
About Avient
Avient Company (NYSE: AVNT) supplies specialised and sustainable fabrics answers that grow to be buyer demanding situations into alternatives, bringing unused merchandise to moment for a greater international. Examples come with:
- Dyneema®, the arena’s most powerful fiber™, allows unrivaled ranges of efficiency and coverage for end-use packages, together with ballistic non-public coverage, marine and sustainable infrastructure and outside sports activities
- Distinctive applied sciences that fortify the recyclability of goods and allow recycled content material to be integrated, thus advancing a extra round financial system
- Sunny-weighting answers that change heavier conventional fabrics like steel, glass and log, which can be enhanced gas potency in all forms of transportation and drop carbon footprint
- Sustainable infrastructure answers that build up power potency, renewable power, herbal useful resource conservation and fiber visual / 5G community accessibility
Avient is qualified ACC Accountable Support®, a initiation member of the Alliance to Finish Plastic Squander and licensed Admirable Park to Paintings®. For more info, discuss with www.avient.com/.
SOURCE Avient Company
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