MOSCOW (MRC) -- The Board of Directors of PolyOne Corporation has declared a quarterly cash dividend of ten cents (USD0.10) per share on the common stock outstanding, representing a 25% increase to the quarterly cash dividend and the fourth consecutive year of annual dividend growth, reported the company in its statement,
The USD0.10 per share will be paid on January 7, 2015, to stockholders of record on December 15, 2014.
"We have increased our annual dividend 250% since we initiated it in 2011," said Robert M. Patterson, president and chief executive officer, PolyOne Corporation. "This reflects the rapid pace at which we have strengthened our financial performance, and underscores the confidence we have in our ability to continue to achieve accelerated earnings expansion into 2015 and beyond."
As MRC wrote before, in Q2 2014, the Board of Directors of PolyOne Corporation declared a quarterly cash dividend of USD0.08 per share on the common stock outstanding, to be paid on October 3, 2014, to stockholders of record on September 12, 2014.
We remind that in early 2014, PolyOne Corporation announced the addition of new capabilities to its OnColor HC Plus portfolio. These expanded offerings add medical-grade LDPE, nylon, PEBA, PS and PVC to the globally available palette of specialty healthcare colorants, and are pre-certified to meet or exceed biocompatibility requirements for ISO 10993 and/or USP Class VI protocols.
PolyOne Corporation, with 2013 revenues of USD3.8 billion, is a premier provider of specialized polymer materials, services and solutions. PolyOne is a provider of specialized polymer materials, services and solutions with operations in specialty polymer formulations, color and additive systems, polymer distribution and specialty vinyl resins.
MRC