Eastman Board Declares Dividend

Rhea-AI Summary

Eastman Chemical Company (EMN) declares a quarterly cash dividend of $0.81 per share, payable on April 5, 2024. The company, founded in 1920, focuses on producing innovative products for various end markets, with 2023 revenue of approximately $9.2 billion.

KINGSPORT, Tenn.--(BUSINESS WIRE)-- The Board of Directors of Eastman Chemical Company (NYSE:EMN) has declared a quarterly cash dividend of $0.81 per share on the company's common stock.

The dividend is payable April 5, 2024, to stockholders of record as of March 15, 2024.

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 14,000 people around the world and serves customers in more than 100 countries. The company had 2023 revenue of approximately $9.2 billion and is headquartered in Kingsport, Tennessee, USA. For more information, visit www.eastman.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240213984023/en/

Media: Tracy Kilgore Addington

423-224-0498 / tracy@eastman.com

Investors: Greg Riddle

212-835-1620 / griddle@eastman.com

Source: Eastman Chemical Company

FAQ

What is the dividend amount declared by Eastman Chemical Company (EMN)?

Eastman Chemical Company (EMN) declared a quarterly cash dividend of $0.81 per share.

When is the dividend payable to stockholders of Eastman Chemical Company (EMN)?

The dividend declared by Eastman Chemical Company (EMN) is payable on April 5, 2024.

Where is Eastman Chemical Company (EMN) headquartered?

Eastman Chemical Company (EMN) is headquartered in Kingsport, Tennessee, USA.

How many employees does Eastman Chemical Company (EMN) have?

Eastman Chemical Company (EMN) employs approximately 14,000 people worldwide.

What was the 2023 revenue of Eastman Chemical Company (EMN)?

Eastman Chemical Company (EMN) had 2023 revenue of approximately $9.2 billion.