Avient Corporation (NYSE:AVNT) Plans $0.28 Quarterly Dividend

Avient Corporation (NYSE:AVNT) announced a quarterly dividend on Thursday, July 16th. Shareholders of record on Friday, September 11th will be given a dividend of 0.275 per share on Wednesday, October 7th. This represents a c) annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Friday, September 11th.

Avient has raised its dividend payment 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. Research analysts expect Avient to earn $3.38 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 32.5%.

Avient Price Performance

NYSE:AVNT opened at $38.04 on Friday. Avient has a 12-month low of $27.48 and a 12-month high of $44.85. The firm has a market capitalization of $3.49 billion, a price-to-earnings ratio of 22.12, a P/E/G ratio of 1.13 and a beta of 1.27. The stock’s 50 day moving average price is $35.92 and its two-hundred day moving average price is $36.53. The company has a quick ratio of 1.29, a current ratio of 1.77 and a debt-to-equity ratio of 0.80.

Avient (NYSE:AVNT) last issued its earnings results on Thursday, May 7th. The company reported $0.83 EPS for the quarter, topping the consensus estimate of $0.81 by $0.02. The company had revenue of $847.40 million during the quarter, compared to the consensus estimate of $846.35 million. Avient had a return on equity of 11.11% and a net margin of 4.81%.The firm’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.76 EPS. Avient has set its Q2 2026 guidance at 0.890-0.890 EPS and its FY 2026 guidance at 2.930-3.170 EPS. On average, analysts anticipate that Avient will post 3.08 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on AVNT. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Avient in a report on Wednesday, May 13th. UBS Group set a $44.00 price objective on shares of Avient in a report on Monday, June 8th. Robert W. Baird set a $43.00 price objective on shares of Avient in a research report on Friday, May 8th. Finally, Truist Financial started coverage on shares of Avient in a research note on Monday, June 8th. They set a “buy” rating and a $44.00 target price for the company. Three investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $45.71.

Avient Company Profile

Avient Corporation (NYSE: AVNT) is a global provider of specialized and sustainable polymer materials, delivering color, additive and engineered solutions to a wide range of industries. The company’s core offerings include masterbatches, colorant systems, compounds and resins designed to enhance performance, aesthetics and environmental sustainability. Avient serves markets such as packaging, automotive, consumer goods, healthcare, electronics, and agriculture, tailoring products to meet stringent regulatory and end-use requirements.

Formed through a corporate rebranding in 2020 following the divestiture of PolyOne’s specialty businesses, Avient traces its heritage to a legacy of polymer innovation spanning decades.