Eastman Chemical Company operates as a specialty materials company in the United States and internationally. The company's Additives & Functional Products segment offers hydrocarbon and rosin resins; organic acid-based solutions; amine derivative-based building blocks; metam-based soil fumigants, thiram and ziram based fungicides, and plant growth regulators; specialty coalescent, specialty and commodity solvents, paint additives, and specialty polymers; heat transfer and aviation fluids; insoluble sulfur and anti-degradant rubber additives; and performance resins. It serves transportation, personal care, wellness, food, feed, agriculture, building and construction, water treatment, energy, consumables, durables, and electronics markets. Its Advanced Materials segment provides copolyesters, cellulosic biopolymers, cellulose esters, polyvinyl butyral (PVB) sheets, and window and protective films, and aftermarket applied film products for value-added end uses in the transportation, durables, electronics, building and construction, medical and pharma, and consumables markets. The company's Chemical Intermediates segment offers methylamines and salts higher amines and solvents; Olefin and acetyl derivatives, ethylene, and commodity solvents; and primary non-phthalate and phthalate plasticizers, and niche non- phthalate plasticizers to the industrial chemicals and processing, building and construction, health and wellness, and agrochemicals. Its Fibers segment provides cellulose acetate tow, triacetin, cellulose acetate flake, acetic acid, and acetic anhydride for use in filtration media primarily cigarette filters; natural and solution dyed acetate yarns for use in consumables, and health and wellness markets; and wet-laid nonwoven media, specialty and engineered papers, and cellulose acetate fibers for transportation, industrial, agriculture and mining, and aerospace markets. Eastman Chemical Company was founded in 1920 and is headquartered in Kingsport, Tennessee.
Eastman Chemical Dividend Announcement
• Eastman Chemical announced a quarterly dividend of $0.81 per ordinary share which will be made payable on 2024-10-07. Ex dividend date: 2024-09-16
• Eastman Chemical annual dividend for 2024 was $2.43
• Eastman Chemical annual dividend for 2023 was $3.18
• Eastman Chemical's trailing twelve-month (TTM) dividend yield is 3.99%
• Eastman Chemical's payout ratio for the trailing twelve months (TTM) is 42.82%
• Eastman Chemical's dividend growth over the last five years (2018-2023) was 6.69% year
• Eastman Chemical's dividend growth over the last ten years (2013-2023) was 9.79% year
Eastman Chemical Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-16 | $0.81 | quarterly | 2024-10-07 |
| 2024-06-17 | $0.81 | quarterly | 2024-07-09 |
| 2024-03-14 | $0.81 | quarterly | 2024-04-05 |
| 2023-12-15 | $0.81 | quarterly | 2024-01-05 |
| 2023-09-14 | $0.79 | quarterly | 2023-10-06 |
| 2023-06-14 | $0.79 | quarterly | 2023-07-07 |
| 2023-03-14 | $0.79 | quarterly | 2023-04-10 |
| 2022-12-14 | $0.79 | quarterly | 2023-01-06 |
| 2022-09-14 | $0.76 | quarterly | 2022-10-07 |
| 2022-06-14 | $0.76 | quarterly | 2022-07-08 |
| 2022-03-14 | $0.76 | quarterly | 2022-04-01 |
| 2021-12-14 | $0.76 | quarterly | 2022-01-07 |
| 2021-09-14 | $0.69 | quarterly | 2021-10-01 |
| 2021-06-14 | $0.69 | quarterly | 2021-07-02 |
| 2021-03-12 | $0.69 | quarterly | 2021-04-05 |
| 2020-12-14 | $0.69 | quarterly | 2021-01-08 |
| 2020-09-14 | $0.66 | quarterly | 2020-10-02 |
| 2020-06-12 | $0.66 | quarterly | 2020-07-10 |
| 2020-03-13 | $0.66 | quarterly | 2020-04-03 |
| 2019-12-13 | $0.66 | quarterly | 2020-01-03 |
| 2019-09-13 | $0.62 | quarterly | 2019-10-04 |
| 2019-06-14 | $0.62 | quarterly | 2019-07-05 |
| 2019-03-14 | $0.62 | quarterly | 2019-04-05 |
| 2018-12-14 | $0.62 | quarterly | 2019-01-04 |
| 2018-09-13 | $0.56 | quarterly | 2018-10-05 |
| 2018-06-14 | $0.56 | quarterly | 2018-07-06 |
| 2018-03-14 | $0.56 | quarterly | 2018-04-06 |
| 2017-12-15 | $0.56 | quarterly | 2018-01-05 |
| 2017-09-14 | $0.51 | quarterly | 2017-10-02 |
| 2017-06-13 | $0.51 | quarterly | 2017-07-05 |
| 2017-03-13 | $0.51 | quarterly | 2017-04-03 |
| 2016-12-13 | $0.51 | quarterly | 2017-01-03 |
| 2016-09-13 | $0.46 | quarterly | 2016-10-03 |
| 2016-06-13 | $0.46 | quarterly | 2016-07-01 |
| 2016-03-11 | $0.46 | quarterly | 2016-04-01 |
| 2015-12-10 | $0.46 | quarterly | 2016-01-04 |
| 2015-09-10 | $0.40 | quarterly | 2015-10-01 |
| 2015-06-11 | $0.40 | quarterly | 2015-07-01 |
| 2015-03-12 | $0.40 | quarterly | 2015-04-01 |
| 2014-12-11 | $0.40 | quarterly | 2015-01-02 |
| 2014-09-11 | $0.35 | quarterly | 2014-10-01 |
| 2014-06-11 | $0.35 | quarterly | 2014-07-01 |
| 2014-03-12 | $0.35 | quarterly | 2014-04-01 |
| 2013-12-12 | $0.35 | quarterly | 2014-01-02 |
| 2013-09-11 | $0.30 | quarterly | 2013-10-01 |
| 2013-06-12 | $0.30 | quarterly | 2013-07-01 |
| 2013-03-13 | $0.30 | quarterly | 2013-04-01 |
Eastman Chemical Dividend per year
Eastman Chemical Dividend growth
Eastman Chemical Dividend Yield
Eastman Chemical current trailing twelve-month (TTM) dividend yield is 3.99%. Interested in purchasing Eastman Chemical stock? Use our calculator to estimate your expected dividend yield:
Eastman Chemical Financial Ratios
P/E ratio13.35
PEG ratio15.56
P/B ratio2.09
ROE15.89%
Payout ratio42.82%
Current ratio1.52
Quick ratio0.78
Cash Ratio0.24
Eastman Chemical Dividend FAQ
How much is the next Eastman Chemical dividend?
Eastman Chemical's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Eastman Chemical dividend. The next Eastman Chemical dividend will be released in March, June, September, or December.
When is Eastman Chemical dividend paid?
Eastman Chemical pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Eastman Chemical pay?
The specific amount of Eastman Chemical dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Eastman Chemical's dividend history.
Does Eastman Chemical stock pay dividends?
Yes, Eastman Chemical does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Eastman Chemical's dividend history.
How much dividend does Eastman Chemical pay?
Eastman Chemical paid $2.43 in 2024, $3.18 in 2023, $3.07 in 2022, $2.83 in 2021, and $2.67 in 2020.
How often does Eastman Chemical pay dividends?
Eastman Chemical typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Eastman Chemical's dividend yield?
The current dividend yield for Eastman Chemical is 3.99%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Eastman Chemical's exact dividend yield.
When does Eastman Chemical go ex dividend?
Eastman Chemical's ex-dividend date for the latest dividend was on 2024-09-16. Eastman Chemical typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Eastman Chemical dividend paid?
Eastman Chemical pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Eastman Chemical increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Eastman Chemical will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Eastman Chemical dividend per share?
Eastman Chemical paid $2.43 per share in 2024 and $3.18 per share in 2023. The amount of dividend per share that Eastman Chemical pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Eastman Chemical a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Eastman Chemical a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Eastman Chemical a dividend stock?
Yes, Eastman Chemical is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Eastman Chemical a good dividend stock?
Whether Eastman Chemical is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Eastman Chemical has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Eastman Chemical as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Eastman Chemical as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Eastman Chemical pay dividends monthly?
Eastman Chemical typically pays dividends on a quarterly basis.
Does Eastman Chemical pay dividends quarterly?
Eastman Chemical currently pays dividends on a quarterly basis.
Has Eastman Chemical ever paid a dividend?
Yes, Eastman Chemical has a history of paying dividends to its shareholders. Eastman Chemical is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Eastman Chemical dividend stocks?
To buy Eastman Chemical you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Eastman Chemical stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Eastman Chemical stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Eastman Chemical pay dividends 2024?
Eastman Chemical pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-07. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Eastman Chemical increase its dividend in 2024?
Decisions regarding Eastman Chemical dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Eastman Chemical dividend overview you can look into the above table of dividend history.
How Eastman Chemical dividend works?
The Eastman Chemical dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Eastman Chemical's dividend process works:
1. Determination of Dividend: Eastman Chemical's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Eastman Chemical publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Eastman Chemical distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Eastman Chemical are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Eastman Chemical's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Eastman Chemical publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Eastman Chemical distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Eastman Chemical are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Eastman Chemical dividends paid?
Eastman Chemical dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Eastman Chemical sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Eastman Chemical distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Eastman Chemical declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Eastman Chemical sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Eastman Chemical distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Eastman Chemical declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Eastman Chemical pay dividends?
Eastman Chemical typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Eastman Chemical pay dividends?
The general pattern is that Eastman Chemical pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Eastman Chemical dividend safe?
The safety of Eastman Chemical's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Eastman Chemical's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Eastman Chemical's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Eastman Chemical's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Eastman Chemical's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.