STOCK TITAN

Eastman Board Declares Dividend

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary

The board of directors of Eastman Chemical Company (NYSE:EMN) has declared a quarterly cash dividend of $0.69 per share on its common stock. This dividend will be payable on October 1, 2021, to stockholders of record as of September 15, 2021. Founded in 1920, Eastman is a global specialty materials company with 2020 revenues of approximately $8.5 billion.

Positive
  • Declared a quarterly cash dividend of $0.69 per share, demonstrating commitment to returning income 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 Oct. 1, 2021, to stockholders of record as of Sept. 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?

The declared dividend amount is $0.69 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on October 1, 2021.

What is the record date for the dividend?

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

How much revenue did Eastman Chemical Company generate in 2020?

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

Eastman Chemical Company

NYSE:EMN

EMN Rankings

EMN Latest News

EMN Stock Data

10.65B
115.04M
0.67%
89.49%
1.78%
Specialty Chemicals
Plastic Materials, Synth Resins & Nonvulcan Elastomers
Link
United States of America
KINGSPORT