Avient Boosts Annual Dividend By 5% From $1.03 To $1.08 Per Share
Portfolio Pulse from Benzinga Newsdesk
Avient Corporation has announced a 5% increase in its annual dividend, raising it from $1.03 to $1.08 per share. The quarterly cash dividend of $0.27 per share will be paid on January 8, 2025, to stockholders of record on December 13, 2024.
October 09, 2024 | 9:42 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Avient Corporation has increased its annual dividend by 5%, signaling financial strength and commitment to returning value to shareholders. The quarterly dividend is set at $0.27 per share.
The increase in dividend suggests Avient's confidence in its financial stability and future cash flows, which is generally viewed positively by investors. This move may attract income-focused investors, potentially boosting the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100