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Stock impact report

Eastman Increases Dividend for 15th Consecutive Year

Eastman Chemical Company (EMN) 
Last eastman chemical company earnings: 5/1 04:00 pm Check Earnings Report
Company Research Source: Business Wire
KINGSPORT, Tenn.--(BUSINESS WIRE)--The Board of Directors of Eastman Chemical Company (NYSE: EMN) has declared an increase in the quarterly cash dividend from $0.81 to $0.83 per share on its common stock. The dividend is payable Jan. 8, 2025, to stockholders of record as of Dec. 16, 2024.“We are proud to continue our strong tradition of returning value to our stockholders by increasing our dividend for the 15th year in a row,” stated Willie McLain, executive vice president and chief financial officer. “This increase demonstrates the Board's confidence in our consistent earnings performance and robust cash flow generation.”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 innov Show less Read more
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