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Avient announces quarterly dividend of $0.25 per share By Investing.com

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© Reuters.

CLEVELAND – Avient Corporation (NYSE: AVNT), a provider of specialized and sustainable material solutions, has announced a quarterly cash dividend of $0.2575 per share. The dividend is payable on April 5, 2024, to shareholders of record as of March 19, 2024.

This declaration by Avient’s Board of Directors continues the company’s practice of returning value to its shareholders. Avient, recognized for its contributions to sustainability and innovation in materials science, offers products such as Dyneema®, which is known as the world’s strongest fiber. The company’s offerings also include technologies that enhance recyclability and enable the use of recycled content, contributing to a more circular economy.

Avient’s solutions aim to replace heavier traditional materials like metal, glass, and wood, which can lead to improved fuel efficiency and reduced carbon footprint across various transportation modes. Additionally, the company provides sustainable infrastructure solutions that support increased energy efficiency, renewable energy adoption, natural resource conservation, and the expansion of fiber optic and 5G networks.

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