Eastman Chemical's latest quarterly dividend of $0.81 per share was on Mar 14, 2024 (ex-date). The annualized dividend distribution of $3.2 per share represents a current dividend yield of 3.31%.
EMN has a dividend yield of 3.31% which is higher than the Basic Materials sector, the industry and its peers average. In comparison with the Basic Materials sector average of 1.94%, Eastman Chemical's dividend yield is 71% higher. The current dividend yield is in line with the historical average of 3.3% of the last 5 years.
Eastman Chemical has a history of paying dividends since 1994. Our records of EMN show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 3.2% for the last twelve months. But with the price of the stock up by 19% from a year ago, the dividend yield has decreased by 13%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 14, 2024 | Apr 5, 2024 | Feb 13, 2024 | $0.81 | normal |
| Dec 15, 2023 | Jan 5, 2024 | Dec 6, 2023 | $0.81 | normal |
| Sep 14, 2023 | Oct 6, 2023 | Aug 3, 2023 | $0.79 | normal |
| Jun 14, 2023 | Jul 7, 2023 | May 4, 2023 | $0.79 | normal |
| Mar 14, 2023 | Apr 10, 2023 | Feb 14, 2023 | $0.79 | normal |
| Dec 14, 2022 | Jan 6, 2023 | Dec 1, 2022 | $0.79 | normal |
| Sep 14, 2022 | Oct 7, 2022 | Aug 4, 2022 | $0.76 | normal |
| Jun 14, 2022 | Jul 8, 2022 | May 5, 2022 | $0.76 | normal |
| Mar 14, 2022 | Apr 1, 2022 | Feb 22, 2022 | $0.76 | normal |
| Dec 14, 2021 | Jan 7, 2022 | Dec 2, 2021 | $0.76 | normal |
| Sep 14, 2021 | Oct 1, 2021 | Aug 5, 2021 | $0.69 | normal |
| Jun 14, 2021 | Jul 2, 2021 | May 6, 2021 | $0.69 | normal |
| Mar 12, 2021 | Apr 5, 2021 | Feb 18, 2021 | $0.69 | normal |
| Dec 14, 2020 | Jan 8, 2021 | Dec 3, 2020 | $0.69 | normal |
| Sep 14, 2020 | Oct 2, 2020 | Jul 30, 2020 | $0.66 | normal |
| Jun 12, 2020 | Jul 10, 2020 | May 7, 2020 | $0.66 | normal |
| Mar 13, 2020 | Apr 3, 2020 | Feb 12, 2020 | $0.66 | normal |
| Dec 13, 2019 | Jan 3, 2020 | Dec 5, 2019 | $0.66 | normal |
| Sep 13, 2019 | Oct 4, 2019 | Aug 1, 2019 | $0.62 | normal |
| Jun 14, 2019 | Jul 5, 2019 | May 2, 2019 | $0.62 | normal |
| Mar 14, 2019 | Apr 5, 2019 | Feb 14, 2019 | $0.62 | normal |
| Dec 14, 2018 | Jan 4, 2019 | Dec 6, 2018 | $0.62 | normal |
| Sep 13, 2018 | Oct 5, 2018 | Aug 2, 2018 | $0.56 | normal |
| Jun 14, 2018 | Jul 6, 2018 | May 3, 2018 | $0.56 | normal |
| Mar 14, 2018 | Apr 6, 2018 | Feb 15, 2018 | $0.56 | normal |
| Dec 15, 2017 | Jan 5, 2018 | Dec 7, 2017 | $0.56 | normal |
| Sep 14, 2017 | Oct 2, 2017 | Aug 3, 2017 | $0.51 | normal |
| Jun 13, 2017 | Jul 5, 2017 | May 4, 2017 | $0.51 | normal |
| Mar 13, 2017 | Apr 3, 2017 | Feb 16, 2017 | $0.51 | normal |
| Dec 13, 2016 | Jan 3, 2017 | Dec 1, 2016 | $0.51 | normal |
| Sep 13, 2016 | Oct 3, 2016 | Aug 4, 2016 | $0.46 | normal |
| Jun 13, 2016 | Jul 1, 2016 | $0.46 | normal | |
| Mar 11, 2016 | Apr 1, 2016 | Feb 18, 2016 | $0.46 | normal |
| Dec 10, 2015 | Jan 4, 2016 | Dec 3, 2015 | $0.46 | normal |
| Sep 10, 2015 | Oct 1, 2015 | $0.4 | normal |
EMN has a payout ratio of 42.4% which is higher than the Basic Materials sector, the industry and its peers average. In comparison with the Basic Materials sector average of 32.7%, Eastman Chemical's payout ratio is 30% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| MMM 3M Co | 6.53% | $6.01 | N/A |
| DOW Dow Inc | 4.92% | $2.8 | 341.5% |
| FMC Fmc Corp | 4% | $2.32 | 22% |
| EMN Eastman Chemical Co | 3.32% | $3.2 | 42.4% |
| XOM Exxon Mobil Corp | 3.09% | $3.72 | 41.8% |
| DD DuPont de Nemours Inc | 1.99% | $1.46 | 155.3% |
| CE Celanese Corp | 1.81% | $2.8 | 15.5% |
| ASH Ashland Global Holdings Inc | 1.61% | $1.54 | 49.2% |
| WLK Westlake Chemical Corp | 1.25% | $1.86 | 49.8% |
Yes, Eastman Chemical has been paying dividends for the last 30 years.
At this point we don't have a record of EMN's next dividend date, but based on the current dividend schedule we project that it will likely be in June 2024.
Eastman Chemical's last dividend ex-date was on Mar 14, 2024. The dividend amount was $0.81 per share.
EMN's annualized dividend per share is $3.2.
The current dividend yield of Eastman Chemical is 3.31%.
Eastman Chemical pays four dividends per year.
Eastman Chemical's dividend payout ratio is 42.4%.
Eastman Chemical's dividend yield is higher than the Basic Materials sector average.