EMN Eastman Chemical dividend history, payout ratio & dates
Eastman Chemical's latest dividend of $0.81 per share was on Sep 16, 2024 (ex-date). The annualized dividend distribution of $3.24 per share represents a current dividend yield of 3.13%.
Key dates
- EMN last dividend date: Sep 16, 2024
EMN dividend stats
vs. Basic Materials sector
Dividend yield
EMN has a dividend yield of 3.13% which is higher than the Basic Materials sector and the industry average but lower than its peers average. In comparison with the Basic Materials sector average of 2.05%, Eastman Chemical's dividend yield is 53% higher. The current dividend yield is lower than the historical average of 3.3% of the last 5 years.
Dividend history
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 2.5% for the last twelve months. But with the price of the stock up by 27% from a year ago, the dividend yield has decreased by 19%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 16, 2024 | $0.81 | 3.07% |
| Jun 17, 2024 | $0.81 | 3.24% |
| Mar 14, 2024 | $0.81 | 3.51% |
| Dec 15, 2023 | $0.81 | 3.59% |
| Sep 14, 2023 | $0.79 | 3.97% |
| Jun 14, 2023 | $0.79 | 3.82% |
| Mar 14, 2023 | $0.79 | 3.74% |
| Dec 14, 2022 | $0.79 | 3.56% |
| Sep 14, 2022 | $0.76 | 3.7% |
| Jun 14, 2022 | $0.76 | 3.09% |
| Mar 14, 2022 | $0.76 | 2.73% |
| Dec 14, 2021 | $0.76 | 2.44% |
| Sep 14, 2021 | $0.69 | 2.64% |
| Jun 14, 2021 | $0.69 | 2.24% |
| Mar 12, 2021 | $0.69 | 2.3% |
| Dec 14, 2020 | $0.69 | 2.66% |
| Sep 14, 2020 | $0.66 | 3.26% |
| Jun 12, 2020 | $0.66 | 3.73% |
| Mar 13, 2020 | $0.66 | 5.53% |
| Dec 13, 2019 | $0.66 | 3.21% |
| Sep 13, 2019 | $0.62 | 3.29% |
| Jun 14, 2019 | $0.62 | 3.36% |
| Mar 14, 2019 | $0.62 | 2.96% |
| Dec 14, 2018 | $0.62 | 3.22% |
| Sep 13, 2018 | $0.56 | 2.31% |
| Jun 14, 2018 | $0.56 | 2.03% |
| Mar 14, 2018 | $0.56 | 1.99% |
| Dec 15, 2017 | $0.56 | 2.32% |
| Sep 14, 2017 | $0.51 | 2.4% |
| Jun 13, 2017 | $0.51 | 2.37% |
| Mar 13, 2017 | $0.51 | 2.5% |
| Dec 13, 2016 | $0.51 | 2.45% |
| Sep 13, 2016 | $0.46 | 2.86% |
| Jun 13, 2016 | $0.46 | 2.45% |
| Mar 11, 2016 | $0.46 | 2.41% |
| Dec 10, 2015 | $0.46 | 2.39% |
| Sep 10, 2015 | $0.4 | 2.28% |
| Jun 11, 2015 | $0.4 | 1.99% |
| Mar 12, 2015 | $0.4 | 2.12% |
Eastman Chemical dividend payout ratio
Payout ratio
EMN has a payout ratio of 43% which is higher than the Basic Materials sector average but lower than the industry and its peers average. But in comparison with the Basic Materials sector average of 41.8%, Eastman Chemical's payout ratio is only 2.9% higher.
Total amount of dividends paid per financial year (from cash flow)
EMN dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| DOW Dow Inc | 6.23% | $2.8 | 186.7% |
| FMC Fmc Corp | 3.98% | $2.32 | 20% |
| CE Celanese Corp | 3.71% | $2.8 | 28% |
| XOM Exxon Mobil Corp | 3.15% | $3.84 | 47.8% |
| EMN Eastman Chemical Co | 3.09% | $3.24 | 43% |
| MMM 3M Co | 2.84% | $3.61 | 45.5% |
| ASH Ashland Global Holdings Inc | 2.03% | $1.58 | 46.5% |
| DD DuPont de Nemours Inc | 1.81% | $1.5 | 77.3% |
| WLK Westlake Chemical Corp | 1.57% | $2.03 | 277.4% |
Frequently asked questions
Does Eastman Chemical pay a dividend?
Yes, Eastman Chemical has been paying dividends for the last 30 years.
When was EMN's last dividend?
Eastman Chemical's last dividend ex-date was on Sep 16, 2024. The dividend amount was $0.81 per share.
How much dividend does Eastman Chemical pay (per share)?
EMN's annualized dividend per share is $3.24.
What is Eastman Chemical's dividend yield?
The current dividend yield of Eastman Chemical is 3.13%.
How often does Eastman Chemical pay dividends?
Eastman Chemical pays four dividends per year.
What is Eastman Chemical's dividend payout ratio?
Eastman Chemical's dividend payout ratio is 43%.
Does Eastman Chemical pay a good dividend?
Eastman Chemical's dividend yield is higher than the Basic Materials sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.