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Stock impact report

Eastman Chemical Announces Hike in Dividend for 15th Straight Year [Yahoo! Finance]

Eastman Chemical Company (EMN) 
Last eastman chemical company earnings: 5/1 04:00 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The dividend is payable Jan. 8, 2025, to stockholders of record as of Dec. 16, 2024. The increase reflects the board's confidence in EMN's steady earnings performance and strong cash flow generation. This also marks the 15th consecutive year of dividend hike for the company. Eastman collaborates with customers to offer new products and solutions that improve the quality of life in a material way, all while being committed to safety and sustainability. The company's innovation-driven growth strategy leverages world-class technology platforms, strong customer involvement and innovative application development to expand its market leadership in lucrative markets such as transportation, building and construction, and consumables. In the third quarter, EMN's cash provided by operating activities was $396 million. Eastman Chemical returned $195 million to shareholders through share repurchases and dividends in the quarter. Eastman Chemical's shares have soared 17% over a year compared Show less Read more
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