Eastman Chemical's latest quarterly dividend of $0.76 per share was on Sep 14, 2022 (ex-date). The annualized dividend distribution of $3.04 per share represents a current dividend yield of 4.08%.
EMN has a dividend yield of 4.08% which is higher than the Basic Materials sector, the industry and its peers average. In comparison with the Basic Materials sector average of 2.17%, Eastman Chemical's dividend yield is 88% higher. The current dividend yield is higher than the historical average of 3.0% 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 10% for the last twelve months. And with the price of the stock down by 27% from a year ago, the dividend yield has an increase of 52%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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 32.7% which is higher than the Basic Materials sector and its peers average but lower than the industry average. In comparison with the Basic Materials sector average of 26.9%, Eastman Chemical's payout ratio is 22% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| DOW Dow Inc | 6.01% | $2.8 | 31.2% |
| MMM 3M Co | 5.15% | $5.95 | 82.5% |
| EMN Eastman Chemical Co | 3.93% | $3.04 | 32.7% |
| XOM Exxon Mobil Corp | 3.69% | $3.52 | 38.5% |
| CE Celanese Corp | 2.81% | $2.72 | 15.1% |
| DD DuPont de Nemours Inc | 2.36% | $1.29 | 33.7% |
| FMC Fmc Corp | 1.89% | $2.12 | 39% |
| WLK Westlake Chemical Corp | 1.35% | $1.25 | 5.6% |
| ASH Ashland Global Holdings Inc | 1.27% | $1.27 | 7.9% |
Yes, Eastman Chemical has been paying dividends for the last 28 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 December 2022.
Eastman Chemical's last dividend ex-date was on Sep 14, 2022. The dividend amount was $0.76 per share.
EMN's annualized dividend per share is $3.04.
The current dividend yield of Eastman Chemical is 4.08%.
Eastman Chemical pays four dividends per year.
Eastman Chemical's dividend payout ratio is 32.7%.
Eastman Chemical's dividend yield is higher than the Basic Materials sector average.