Avient climbs after raising dividend
14/10/2022 17:06
** Shares of specialized polymer materials maker Avient Corp
AVNT.N up 2.2% at $31.48
** Co increased qtrly dividend to $0.2475/shr from
$0.2375/shr on Thursday
** On an annualized basis, dividend will increase from 95
cents to 99 cents, representing 12th consecutive annual increase
** Since first introducing the dividend in 2011, it has
increased at a compounded annual growth rate of 16% - AVNT
** So far this year, AVNT down 43.7%
(Reporting by Ankit Kumar in Bengaluru)
((Ankit.Kumar2@thomsonreuters.com))