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PolyOne raises dividend by 33%

2:50 PM MST | December 3, 2013 | Vincent Valk

PolyOne says the company is raising its quarterly dividend by 33%, to 8 cts/share. The dividend will be payable on 9 January 2014 to shareholders of record as of 17 December. The company reinstated a quarterly dividend on March 2011, and currently has $322.8 million in cash and cash equivalents on hand. "This dividend increase underscores our confidence and ability to meet our aggressive targets that will allow us to continue creating value for our shareholders.  We remain committed to returning cash to shareholders through dividends and share...

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