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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 quarterly cash dividend of $0.66 per share on its common stock. This dividend is set to be payable on July 10, 2020, to stockholders of record as of June 15, 2020. Founded in 1920, Eastman is a global specialty materials company with 2019 revenues of approximately $9.3 billion, serving customers in more than 100 countries.

Positive
  • Quarterly cash dividend of $0.66 per share announced.
  • Dividend payment date set for July 10, 2020.
Negative
  • None.

KINGSPORT, Tenn., May 07, 2020 (GLOBE NEWSWIRE) -- The board of directors of Eastman Chemical Company (NYSE:EMN) has declared a quarterly cash dividend of $0.66 per share on the company's common stock.

The dividend is payable July 10, 2020, to stockholders of record as of June 15, 2020.

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 2019 revenues of approximately $9.3 billion and is headquartered in Kingsport, Tennessee, USA. For more information, visit www.eastman.com.

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Contacts:

Media:  Tracy Kilgore Addington 
423-224-0498 / tracy@eastman.com

Investors:  Greg Riddle
212-835-1620 / griddle@eastman.com

FAQ

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

Eastman Chemical Company has declared a quarterly cash dividend of $0.66 per share.

When will the dividend be paid to shareholders of EMN?

The dividend will be paid on July 10, 2020.

What is the record date for receiving the dividend from Eastman Chemical (EMN)?

The record date for receiving the dividend is June 15, 2020.

How much revenue did Eastman Chemical Company generate in 2019?

Eastman Chemical Company generated approximately $9.3 billion in revenue in 2019.

Eastman Chemical Company

NYSE:EMN

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EMN Stock Data

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