Avient announces quarterly dividend of $0.27 per share

Published 14/05/2025, 21:46
Avient announces quarterly dividend of $0.27 per share

CLEVELAND - Avient Corporation (NYSE: AVNT), a company specializing in material solutions, has announced a quarterly cash dividend for its shareholders. The dividend, set at twenty-seven cents ($0.27) per share, will be distributed on July 9, 2025, to stockholders who are on record as of June 20, 2025. With a current dividend yield of 2.78%, Avient has maintained dividend payments for 15 consecutive years, demonstrating strong commitment to shareholder returns. According to InvestingPro analysis, the stock appears undervalued at its current market price of $38.03.

The declaration of this dividend underscores Avient’s commitment to providing value to its shareholders. As a global enterprise with a market capitalization of $3.49 billion, Avient prides itself on its ability to innovate and adapt to the evolving needs of its customers while contributing to sustainable practices. The company’s operations span a wide range of offerings, from colorants and advanced composites to functional additives and engineered materials. Among its notable products is Dyneema®, which is recognized as the world’s strongest fiber. InvestingPro data reveals the company maintains strong financial health, with liquid assets exceeding short-term obligations.

Avient’s approach to innovation is rooted in collaboration among its workforce, which exceeds 9,000 employees worldwide. This collaborative spirit is a cornerstone of the company’s strategy to deliver solutions that not only meet customer challenges but also leverage opportunities arising from dynamic global trends. The company’s financial performance reflects this strategic approach, with InvestingPro reporting strong returns over the last month and consistent profitability over the past twelve months.

The upcoming dividend payment is a reflection of Avient’s financial practices and its strategy to maintain a steady return for its investors. The company’s presence in the market is marked by a blend of local engagement and global reach, providing the agility required to serve its customer base effectively.

This announcement, based on a press release statement, provides shareholders with key dates and details regarding the dividend distribution, allowing them to prepare for the upcoming financial event. As Avient continues to navigate the materials solutions industry, it remains focused on innovation and sustainability, which are integral to its business model and customer success.

In other recent news, Avient Corporation reported its first quarter 2025 financial results, meeting Wall Street’s expectations with an adjusted earnings per share (EPS) of $0.76, while revenue came in slightly below projections at $827 million. Despite the minor revenue shortfall, the company demonstrated resilience with a 2% increase in organic sales, driven by significant growth in Latin America and Asia. Avient’s adjusted EBITDA grew by 4%, with margins expanding to 17.5%, underscoring effective cost management strategies. The company anticipates adjusted EBITDA between $540 million and $570 million and adjusted EPS in the range of $2.70 to $2.94 for the full year, with continued strength expected in its healthcare and packaging segments.

In other developments, Avient announced Ashish K. Khandpur’s promotion to Chairman of the Board, in addition to his roles as President, CEO, and Director. This leadership change follows the tenure of Richard H. Fearon, who will remain a board member. Khandpur expressed his commitment to advancing the company’s strategy and achieving growth with improved margins. The company also launched new products in the healthcare and defense sectors, aiming to capitalize on growth opportunities in these areas. Avient’s strategic direction continues to be supported by its global reach and focus on customer success through innovation in materials.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.