Dividend Growth of PolyOne Corporation(POL)

PolyOne Corporation(POL) is having a Dividend Yield of 1.58% with the Annual cash Dividend per share of $0.5. The last quarter cash dividend per share pay out was $0.14. PolyOne Corporation has a 5 year average dividend yield of 1.13% and the stock has a Indicated annual dividend of $0.54. PolyOne Corporation(POL) formally announced its most recent dividend on October 14, 2016 with a Dividend per share of $0.14. The new indicated annual dividend based on announced dividend per share is $0.54. The dividend yield based on the forward looking indicated annual dividend is 1.58%. PolyOne Corporation(POL) has the most recent dividend payout ratio of 0.25 with a 5-year average payout ratio of 0.25. The 5 year historical dividend growth of PolyOne Corporation(POL) is at the rate of 25.62% while the R-Squared dividend growth is 0.96. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

PolyOne Corporation (NYSE:POL) rose 0.44% or 0.15 points on Thursday and made its way into the gainers of the day. After trading began at $34.08 the stock was seen hitting $34.43 as a peak level and $34.07 as the lowest level. The stock ended up at $34.25. The daily volume was measured at 612,230 shares. The 52-week high of the share price is $38.41 and the 52-week low is $24.4. The company has a market cap of $2,767 million. Shares of PolyOne Corporation rose by 0.29% in the last five trading days and 5.84% for the last 4 weeks. PolyOne Corporation is up 6.43% in the last 3-month period. Year-to-Date the stock performance stands at 6.9%.

Currently the company Insiders own 1.62% of PolyOne Corporation shares according to the proxy statements. Institutional Investors own 93.51% of PolyOne Corporation shares. Company has reported several Insider transactions to the SEC, on Feb 6, 2017, Hulle John V Van (SVP, President of GCAI) sold 45,898 shares at 34.58 per share price.On Jan 31, 2017, Lisa K. Kunkle (SVP Gnrl Counsel & Secretary) sold 10,223 shares at 33.90 per share price.On May 26, 2016, William Howard Powell (director) sold 5,881 shares at 36.70 per share price.

PolyOne Corporation Last issued its quarterly earnings results on Jan 27, 2017. The company reported $0.38 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.37. The company had revenue of $787.70 million for the quarter, compared to analysts expectations of $774.12 million. The companys revenue was up 1.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.39 EPS.

PolyOne Corporation is an international polymer services company with operations in thermoplastic compounds, specialty resins, specialty polymer formulations, engineered films, color and additive systems, elastomer compounding and thermoplastic resin distribution. PolyOne was formed from the consolidation of the former M.A. Hanna Company and The Geon Company. Information on the Companys products and services can be found at www.polyone.com.


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