Email Facebook Twitter

RNS EXCLUSIVE: Cabot praise 3D seismic mapping after successful winter programme

Regulatory News

Eastman Board Increases Dividend for Eighth Consecutive Year

Thu, 7th Dec 2017 22:20


KINGSPORT, Tenn. Dec. 7, 2017 - The Board of Directors of Eastman Chemical Company (NYSE: EMN) has declared a quarterly cash dividend of $0.56 per share on the company's common stock, a 10 percent increase from $0.51 per share. The dividend is payable Jan. 5, 2018, to stockholders of record as of Dec. 18, 2017.

"I am pleased that for the eighth consecutive year, Eastman is increasing the dividend as part of our ongoing commitment to return cash to our stockholders," said Curt Espeland, executive vice president and chief financial officer. "This action represents our commitment to increasing our dividend as the company grows, as well as reflects the Board's continued 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 2016 revenues of approximately $9.0 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 /

Investors:  Greg Riddle
212-835-1620 /

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions 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

Back to Regulatory News

Share Price, Share Chat, Stock Market news at
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at

Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.