PolyOne (POL) Raises Quarterly Dividend 20% to $0.12; 1.4% Yield

PolyOne (NYSE: POL) declared a quarterly dividend of $0.12 per share, or $0.48 annualized. This is a 20% increase from the prior dividend of $0.10.

The dividend will be payable on January 7, 2016, to stockholders of record on December 18, 2015, with an ex-dividend date of December 16, 2015.

The annual yield on the dividend is 1.4 percent.

"I am pleased to announce an increase in our quarterly dividend, which now represents the fifth consecutive year of annual dividend growth," said Robert M. Patterson, president and chief executive officer, PolyOne Corporation. "As we execute our proven strategy, we continue to serve customers with excellence, invest in our businesses and deliver value to shareholders through share price appreciation, increasing dividends and share repurchases."

For a dividend history and other dividend-related data on PolyOne (POL) click here.

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