Dec, 07 2018 08:30 JST

Source: Eastman Chemical Company

Eastman Board Increases Dividend for Ninth Consecutive Year

Kingsport, Tenn., USA, Dec, 07 2018 - (ACN Newswire) - The Board of Directors of Eastman Chemical Company (NYSE: EMN) has declared a quarterly cash dividend of $0.62 per share on the company's common stock, an 11 percent increase from $0.56 per share. The dividend is payable Jan. 4, 2019, to stockholders of record as of Dec. 17, 2018.

"Consistent with Eastman's focus on balanced and disciplined capital allocation and stockholder returns, I am pleased that the company has for the ninth consecutive year increased the dividend," said Curt Espeland, executive vice president and chief financial officer. "This action reflects the Board's confidence in our ability to deliver earnings growth and strong cash flow generation."

Eastman is a global advanced materials and specialty additives company that produces a broad range of products found in items people use every day. With a portfolio of specialty businesses, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability. Its market-driven approaches take advantage of world-class technology platforms and leading positions in attractive end-markets such as transportation, building and construction, and consumables. Eastman focuses on creating consistent, superior value for all stakeholders. As a globally diverse company, Eastman serves customers in more than 100 countries and had 2017 revenues of approximately $9.5 billion. The company is headquartered in Kingsport, Tennessee, USA and employs approximately 14,000 people around the world. For more information, visit

Media: Tracy Kilgore Addington
423-224-0498 / [email protected]

Investors: Greg Riddle
212-835-1620 / [email protected]


This announcement is distributed by West Corporation on behalf of West Corporation clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Eastman Chemical Company via Globenewswire

Source: Eastman Chemical Company

Copyright ©2018 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

Related Press Release

Eastman Completes Construction of New Isobutyric Acid Manufacturing Facility
November 28 2018 21:30 JST
Curt Espeland to Address the Citi Basic Materials Conference
November 20 2018 23:30 JST
Eastman Announces Expiration and Results of Offer to Purchase 5.500% Notes Due 2019
November 07 2018 07:00 JST
Eastman Chemical Company Announces the Pricing Terms of Its Cash Tender Offer for Any and All 5.500% Notes due 2019
November 06 2018 07:00 JST
Eastman Announces Offering of $300 Million 3.500% Notes due 2021 and $500 Million 4.500% Notes due 2028
October 31 2018 09:00 JST
Eastman Announces Third-Quarter 2018 Financial Results
October 26 2018 08:00 JST
Eastman Schedules Third-Quarter 2018 Financial Results News Release and SEC Form 8-K Filing, Teleconference and Webcast
October 04 2018 22:30 JST
HMS Networks completes repurchase of shares
August 30 2018 20:00 JST
Eastman Board Declares Dividend
August 03 2018 08:00 JST
Eastman Publishes 2018 Sustainability Report
August 02 2018 22:30 JST
More Press release >>

Latest Press Release

More Latest Release >>