Avient Corporation (NYSE:AVNT) Increases Dividend to $0.28 Per Share

Avient Corporation (NYSE:AVNT) announced a quarterly dividend on Tuesday, October 6th. Stockholders of record on Friday, December 11th will be paid a dividend of $0.2825 per share on Thursday, January 7th. This represents a $1.13 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Friday, December 11th. This is a 2.7% increase from Avient’s previous quarterly dividend of $0.2750.

Avient has raised its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 1 years. Avient has a payout ratio of 34.9% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Avient to earn $3.54 per share next year, which means the company should continue to be able to cover its $1.10 annual dividend with an expected future payout ratio of 31.1%.

Avient Price Performance

NYSE AVNT opened at $41.52 on Wednesday. The company has a market cap of $3.81 billion, a PE ratio of 22.44, a P/E/G ratio of 1.20 and a beta of 1.28. The firm’s 50 day moving average price is $42.15 and its 200-day moving average price is $38.28. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.35 and a current ratio of 1.90. Avient has a 52-week low of $27.48 and a 52-week high of $46.64.

Avient (NYSE:AVNT) last announced its earnings results on Thursday, August 6th. The company reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.07. The business had revenue of $917.00 million for the quarter, compared to analysts’ expectations of $898.53 million. Avient had a return on equity of 11.64% and a net margin of 5.10%.The business’s revenue for the quarter was up 5.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.80 EPS. Avient has set its FY 2026 guidance at 3.100-3.250 EPS and its Q3 2026 guidance at 0.800-0.800 EPS. Sell-side analysts forecast that Avient will post 3.2 EPS for the current fiscal year.

Avient Company Profile

Avient Corporation (NYSE: AVNT) is a global materials company that develops and manufactures specialized polymer products and solutions. Its portfolio includes engineered materials, specialty formulations, colorants, additives, inks, and other technologies designed to improve the performance, appearance, sustainability, and processing of plastics and other materials.

The company serves customers across a range of industries, including packaging, transportation, healthcare, consumer products, electronics, building and construction, and energy.