Free Trial

Eastman Chemical (EMN) Dividend Yield, Date & History

Eastman Chemical logo
$91.76 +1.73 (+1.92%)
(As of 12/20/2024 05:31 PM ET)

Eastman Chemical Dividend Summary

Dividend Yield
3.62%
Annual Dividend
$3.32
Next
Dividend Payment
Jan. 8
Dividend Increase
Track Record
15 Years
Annualized 3-Year
Dividend Growth
6.00%
Dividend Payout Ratio
44.44%

Eastman Chemical (EMN) pays an annual dividend of $3.32 per share, with a dividend yield of 3.62%. The next quarterly payment of $0.83 per share is scheduled for Wednesday, January 8, to investors who owned the stock before the ex-dividend date of Monday, December 16. EMN has grown its dividend for 15 consecutive years, with an average annual increase of 1.96%. The company currently pays out 44.44% of its earnings and 33.43% of its cash flow as dividends.

Get Dividend Stock Ideas Daily

Enter your email address below to receive the DividendStocks.com newsletter, a daily email that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news.

Sign Up
Skip Charts & View Dividend History

EMN Dividend Payments by Quarter

The chart below displays up to four years of Eastman Chemical's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

EMN Dividend Yield Over Time

The chart below tracks Eastman Chemical's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Eastman Chemical vs. The Competition

Compare Eastman Chemical's annual dividend, yield, and 3-year growth rate with averages for Materials and NYSE companies to evaluate its performance against the market.

TypeEastman ChemicalMaterials CompaniesNYSE Companies
Annual Dividend$3.32$0.17$1.39
Dividend Yield3.62%5.21%3.58%
Annualized 3-Year Dividend Growth6.00%21.64%15.78%
Track Record15 years26 years24 years

Eastman Chemical Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings44.44%
Based on This Year's Estimate43.51%
Based on Next Year's Estimate37.22%
Based on Cashflow33.43%

Eastman Chemical Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
12/5/2024quarterly$0.83+$0.02
2.47%
3.27%12/16/202412/16/20241/8/2025
8/1/2024quarterly$0.81 - 3.19%9/16/20249/16/202410/7/2024
5/2/2024quarterly$0.81 - 3.38%6/17/20246/17/20247/9/2024
2/13/2024quarterly$0.81 - 3.95%3/14/20243/15/20244/5/2024
12/6/2023quarterly$0.81+$0.02
2.53%
3.87%12/15/202312/18/20231/5/2024
8/3/2023quarterly$0.79 - 3.79%9/14/20239/15/202310/6/2023
5/4/2023quarterly$0.79 - 4.04%6/14/20236/15/20237/7/2023
2/14/2023quarterly$0.79 - 3.58%3/14/20233/15/20234/10/2023

This table shows Eastman Chemical's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Eastman Chemical Dividend - Frequently Asked Questions

The current dividend yield for Eastman Chemical is 3.62%. Learn more on EMN's dividend yield history.

The annual dividend for EMN shares is $3.32. Learn more on EMN's annual dividend history.

Eastman Chemical pays quarterly dividends to shareholders.

Eastman Chemical's next quarterly dividend payment of $0.83 per share will be made to shareholders on Wednesday, January 8, 2025.

Eastman Chemical's most recent quarterly dividend payment of $0.81 per share was made to shareholders on Monday, October 7, 2024.

Eastman Chemical's most recent ex-dividend date was Monday, December 16, 2024.

Over the past three years, the company's dividend has grown by an average of 6.00% per year.

Eastman Chemical has increased its dividend for the past 15 consecutive years.

The most recent change in the company's dividend was an increase of $0.02 on Thursday, December 5, 2024.

The dividend payout ratio for EMN is:
  • 44.44% based on the trailing year of earnings
  • 43.51% based on this year's estimates
  • 37.22% based on next year's estimates
  • 33.43% based on cash flow

Eastman Chemical's dividend yield of 3.48% is lower than the average Basic Materials company that issues a dividend. The company's 15 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Eastman Chemical's dividend payout ratio of 44.44% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Eastman Chemical stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NYSE:EMN) was last updated on 12/21/2024 by MarketBeat.com Staff
From Our Partners