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CLEVELAND - Avient Corporation (NYSE:AVNT) announced Wednesday that its Board of Directors has declared a quarterly cash dividend of $0.275 per share, marking the company’s fifteenth consecutive annual dividend increase. The dividend represents a 3.38% yield at current prices, according to InvestingPro data, which also confirms the company’s strong track record of maintaining dividend payments.
The dividend will be paid on January 7, 2026, to stockholders of record as of December 12, 2025. On an annualized basis, this represents an increase from $1.08 to $1.10 per share.
"We are pleased to raise our dividend for the fifteenth consecutive year," said Dr. Ashish Khandpur, Chairman, President and Chief Executive Officer of Avient Corporation, in a press release statement.
The materials solutions company indicated the dividend increase aligns with its capital allocation strategy, which includes sharing profits with shareholders while simultaneously focusing on debt reduction and investing in growth opportunities.
Avient Corporation employs over 9,000 people globally and specializes in various materials solutions including colorants, advanced composites, functional additives, engineered materials, and Dyneema fiber products.
The dividend announcement comes as part of the company’s ongoing financial strategy that balances shareholder returns with investments in sustainable growth initiatives.
In other recent news, Avient Corporation reported its second-quarter 2025 earnings, exceeding analyst expectations with an adjusted earnings per share of $0.80, slightly above the forecasted $0.79. The company’s revenue also surpassed projections, reaching $866.5 million against the anticipated $853.32 million. Moody’s upgraded Avient’s senior secured first lien term loan to Baa3 from Ba1, reflecting the company’s efforts in debt reduction, including a $50 million repayment in the second quarter. Avient plans further debt repayments of $100-$200 million this year.
In leadership changes, David N. Schneider has been appointed as Senior Vice President and President of Specialty Engineered Materials, taking over from Christopher L. Pederson. KeyBanc initiated coverage on Avient stock with an Overweight rating and a $48 price target, noting the company’s new organic growth strategy under CEO Ashish Khandpur. Additionally, Jefferies reiterated its Buy rating on Avient, maintaining a $44 price target, although they expect choppy end-market trends in the near term. These developments highlight Avient’s strategic initiatives and financial performance progress.
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