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Eastman Board Declares Dividend

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The board of directors of Eastman Chemical Company (NYSE:EMN) has declared a cash dividend of $0.69 per share on its common stock. This dividend is payable on April 5, 2021, to stockholders of record as of March 15, 2021. Founded in 1920, Eastman is a global specialty materials company with 2020 revenues of approximately $8.5 billion. The company focuses on innovation and sustainability while serving customers in over 100 countries, employing about 14,500 people.

Positive
  • Declared a quarterly cash dividend of $0.69 per share, signaling confidence in financial health.
  • Stable revenue of approximately $8.5 billion for 2020, indicating strong market positioning.
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 April 5, 2021, to stockholders of record as of March 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 has declared a quarterly cash dividend of $0.69 per share.

When is the dividend payable?

The dividend is payable on April 5, 2021.

What is the record date for the dividend?

The record date for the dividend is March 15, 2021.

How much revenue did Eastman Chemical Company generate in 2020?

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

Eastman Chemical Company

NYSE:EMN

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EMN Stock Data

12.18B
115.04M
0.67%
90.98%
1.14%
Specialty Chemicals
Plastic Materials, Synth Resins & Nonvulcan Elastomers
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United States of America
KINGSPORT