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Eastman Board Declares Dividend

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The board of directors of Eastman Chemical Company (NYSE:EMN) has announced a quarterly cash dividend of $0.69 per share on its common stock, scheduled for payment on July 2, 2021. This dividend will be distributed to stockholders of record as of June 15, 2021. Eastman, founded in 1920, specializes in a wide array of specialty materials, contributing significantly to various sectors including transportation and construction, with a 2020 revenue of approximately $8.5 billion.

Positive
  • Quarterly cash dividend of $0.69 per share enhances shareholder income.
  • Demonstrates company confidence and commitment to returning value to shareholders.
Negative
  • None.

The board of directors of Eastman Chemical Company (NYSE:EMN) has declared a quarterly cash dividend of $0.69 per share on the company's common stock.

The dividend is payable July 2, 2021, to stockholders of record as of June 15, 2021.

Founded in 1920, Eastman is a global specialty materials company that produces a broad range of products found in items people use every day. With the purpose of enhancing the quality of life in a material way, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability. The company's innovation-driven growth model takes advantage of world-class technology platforms, deep customer engagement, and differentiated application development to grow its leading positions in attractive end-markets such as transportation, building and construction, and consumables. As a globally inclusive and diverse company, Eastman employs approximately 14,500 people around the world and serves customers in more than 100 countries. The company had 2020 revenues of approximately $8.5 billion and is headquartered in Kingsport, Tennessee, USA. For more information, visit www.eastman.com.

FAQ

What is the dividend amount declared by Eastman Chemical Company?

Eastman Chemical Company declared a quarterly cash dividend of $0.69 per share.

When is the dividend payable to shareholders?

The dividend is payable on July 2, 2021.

Who is eligible to receive the dividend from Eastman Chemical Company?

Stockholders of record as of June 15, 2021, are eligible to receive the dividend.

What was Eastman Chemical Company's revenue in 2020?

Eastman Chemical Company reported approximately $8.5 billion in revenue for 2020.

Eastman Chemical Company

NYSE:EMN

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12.01B
117.60M
0.67%
90.21%
1.38%
Specialty Chemicals
Plastic Materials, Synth Resins & Nonvulcan Elastomers
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United States of America
KINGSPORT