Avient Corporation (AVNT) To Go Ex-Dividend on December 11th

Avient Corporation (NYSE:AVNT) declared a quarterly dividend on Tuesday, October 6th. Stockholders of record on Friday, December 11th will be given a dividend of $0.2825 per share on Thursday, January 7th. This represents a $1.13 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Friday, December 11th. This is a 2.7% increase from Avient’s previous quarterly dividend of $0.2750.

Avient has increased its dividend by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 1 consecutive years. Avient has a payout ratio of 34.9% meaning its dividend is sufficiently covered by earnings. 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 Trading Down 1.2%

NYSE:AVNT opened at $40.99 on Thursday. The firm has a market capitalization of $3.76 billion, a P/E ratio of 22.16, a P/E/G ratio of 1.20 and a beta of 1.28. The business has a 50 day simple moving average of $42.25 and a 200 day simple moving average of $38.34. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.90 and a quick ratio of 1.35. Avient has a 12-month low of $27.48 and a 12-month high of $46.64.

Avient (NYSE:AVNT) last announced its quarterly 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. Avient had a net margin of 5.10% and a return on equity of 11.64%. The company had revenue of $917.00 million during the quarter, compared to the consensus estimate of $898.53 million. During the same quarter in the previous year, the company posted $0.80 earnings per share. The company’s revenue for the quarter was up 5.8% compared to the same quarter last year. Avient has set its FY 2026 guidance at 3.100-3.250 EPS and its Q3 2026 guidance at 0.800-0.800 EPS. Equities research analysts predict that Avient will post 3.2 EPS for the current year.

Institutional Trading of Avient

Institutional investors have recently modified their holdings of the company. BlackRock Inc. acquired a new position in Avient during the second quarter worth about $437,002,000. Dimensional Fund Advisors LP grew its stake in shares of Avient by 4.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,973,887 shares of the company’s stock worth $180,546,000 after purchasing an additional 192,788 shares during the last quarter. Franklin Resources Inc. raised its holdings in shares of Avient by 11.1% in the 4th quarter. Franklin Resources Inc. now owns 4,090,286 shares of the company’s stock worth $127,781,000 after purchasing an additional 410,112 shares in the last quarter. Wellington Management Group LLP lifted its stake in Avient by 2.7% during the second quarter. Wellington Management Group LLP now owns 3,012,847 shares of the company’s stock valued at $111,355,000 after purchasing an additional 78,938 shares during the last quarter. Finally, Jennison Associates LLC lifted its stake in Avient by 96.0% during the first quarter. Jennison Associates LLC now owns 1,411,254 shares of the company’s stock valued at $51,229,000 after purchasing an additional 691,316 shares during the last quarter. Institutional investors and hedge funds own 95.48% of the company’s stock.

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.