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Coca-Cola, Federal Realty, and Hormel Foods are Dividend Kings with a history of annual dividend increases. Coca-Cola has a 3.1% yield and a reasonable valuation, while Federal Realty offers a 4.6% dividend yield and focuses on quality over quantity. Hormel Foods has a historically high yield and turnaround appeal. These stocks can provide a lifetime of passive income for investors.

Avient (AVNT) has announced a quarterly cash dividend of 27.5 cents per share, marking its fifteenth consecutive year of dividend increases. This dividend is scheduled to be distributed on January 7, 2026, to shareholders recorded as of December 12, 2025. The annualized dividend will increase from $1.08 to $1.10 per share, reflecting the company's commitment to returning value to its shareholders Avient (AVNT) Announces 15th Consecutive Annual Dividend Increase^[1].

Avient operates in the Basic Materials sector, specifically within the Chemicals industry, with a market capitalization of approximately $2.94 billion. The company specializes in manufacturing and selling a diverse range of chemical and plastic-based products, serving industries such as food packaging, construction, transportation, cosmetics, and healthcare. The majority of its revenue is generated from the United States.

Financial Health Analysis
Avient's financial performance presents a mixed picture. The company's revenue stands at $3.25 billion, with a three-year revenue growth rate of -0.7%, indicating a slight contraction. However, its profitability metrics show resilience:
- Gross Margin: 32.63%
- Operating Margin: 7.98%
- Net Margin: 3.65%

On the balance sheet front, Avient maintains a current ratio of 2.03 and a quick ratio of 1.5, indicating solid liquidity. However, the debt-to-equity ratio of 0.86 suggests a moderate level of leverage. Potential warning signs include an Altman Z-Score of 1.71, placing Avient in the distress zone, which implies a possibility of financial distress in the next two years. Additionally, the company's ROIC of 4.16% is below its weighted average cost of capital, indicating potential inefficiencies in capital utilization Avient (AVNT) Announces 15th Consecutive Annual Dividend Increase^[1].

Valuation & Market Sentiment
Avient's valuation metrics suggest a potentially attractive investment opportunity:
- P/E Ratio: 25.08
- P/S Ratio: 0.91
- P/B Ratio: 1.25

These metrics are close to their historical lows, suggesting that the stock may be undervalued. Analyst sentiment is moderately positive, with a target price of $43.44, indicating potential upside from current levels. Technical indicators such as the RSI of 33.89 suggest that the stock is approaching oversold territory, which could present a buying opportunity. Institutional ownership is robust at 100.51%, reflecting strong confidence from large investors Avient (AVNT) Announces 15th Consecutive Annual Dividend Increase^[1].

Risk Assessment
Avient's financial health is bolstered by a high Piotroski F-Score of 8, indicating a very healthy situation. The Beneish M-Score of -2.55 suggests that the company is unlikely to be a manipulator. However, sector-specific risks, such as fluctuations in raw material prices and regulatory changes, could impact Avient's performance. The company's beta of 1.54 indicates higher volatility compared to the market, which investors should consider when assessing risk Avient (AVNT) Announces 15th Consecutive Annual Dividend Increase^[1].

In conclusion, while Avient faces certain challenges, its commitment to shareholder returns and solid financial metrics provide a foundation for potential long-term value. Investors should weigh these factors against the inherent risks and market conditions.