{"id":393240,"date":"2020-12-03T16:59:04","date_gmt":"2020-12-03T21:59:04","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=393240"},"modified":"2020-12-03T16:59:04","modified_gmt":"2020-12-03T21:59:04","slug":"eastman-board-increases-dividend-for-11th-consecutive-year","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/eastman-board-increases-dividend-for-11th-consecutive-year\/","title":{"rendered":"Eastman Board Increases Dividend for 11th Consecutive Year"},"content":{"rendered":"

<\/p>\n

Eastman Board Increases Dividend for 11th<\/sup> Consecutive Year<\/b><\/p>\n

KINGSPORT, Tenn.–(BUSINESS WIRE<\/a>)–
\nThe Board of Directors of Eastman Chemical Company (NYSE: EMN) has declared a quarterly cash dividend of $0.69 per share on the company’s common stock, a five percent increase from $0.66 per share. The dividend is payable Jan. 8, 2021, to stockholders of record as of Dec. 15, 2020.\n<\/p>\n

\n\u201cI am pleased that for the 11th<\/sup> consecutive year, Eastman is increasing the dividend as part of our ongoing commitment to return cash to our stockholders,\u201d said Willie McLain, senior vice president and chief financial officer. \u201cThis action reflects the Board\u2019s confidence in our ability to deliver earnings growth and continue our record of generating strong cash flow, which has remained resilient even during the global pandemic.\u201d\n<\/p>\n

\nFounded in 1920, Eastman is a global specialty materials company that produces a broad range of products found in items people use every day. With the purpose of enhancing the quality of life in a material way, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability. The company\u2019s innovation-driven growth model takes advantage of world-class technology platforms, deep customer engagement, and differentiated application development to grow its leading positions in attractive end-markets such as transportation, building and construction, and consumables. As a globally inclusive and diverse company, Eastman employs approximately 14,500 people around the world and serves customers in more than 100 countries. The company had 2019 revenues of approximately $9.3 billion and is headquartered in Kingsport, Tennessee, USA. For more information, visit www.eastman.com<\/a>.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20201203006092\/en\/<\/a><\/span><\/p>\n

\nMedia: Tracy Kilgore Addington
\n
423-224-0498 \/ tracy@eastman.com<\/a><\/p>\n

\nInvestors: Greg Riddle
\n
212-835-1620 \/ griddle@eastman.com<\/a><\/p>\n

KEYWORDS:<\/b> Tennessee United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Packaging Chemicals\/Plastics Manufacturing<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Eastman Board Increases Dividend for 11th Consecutive Year KINGSPORT, Tenn.–(BUSINESS WIRE)– The Board of Directors of Eastman Chemical Company (NYSE: EMN) has declared a quarterly cash dividend of $0.69 per share on the company’s common stock, a five percent increase from $0.66 per share. The dividend is payable Jan. 8, 2021, to stockholders of record as of Dec. 15, 2020. \u201cI am pleased that for the 11th consecutive year, Eastman is increasing the dividend as part of our ongoing commitment to return cash to our stockholders,\u201d said Willie McLain, senior vice president and chief financial officer. \u201cThis action reflects the Board\u2019s confidence in our ability to deliver earnings growth and continue our record of generating strong cash flow, which has … <\/p>\n

Continue reading “Eastman Board Increases Dividend for 11th Consecutive Year”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-393240","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nEastman Board Increases Dividend for 11th Consecutive Year - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/eastman-board-increases-dividend-for-11th-consecutive-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Eastman Board Increases Dividend for 11th Consecutive Year - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Eastman Board Increases Dividend for 11th Consecutive Year KINGSPORT, Tenn.–(BUSINESS WIRE)– The Board of Directors of Eastman Chemical Company (NYSE: EMN) has declared a quarterly cash dividend of $0.69 per share on the company’s common stock, a five percent increase from $0.66 per share. The dividend is payable Jan. 8, 2021, to stockholders of record as of Dec. 15, 2020. \u201cI am pleased that for the 11th consecutive year, Eastman is increasing the dividend as part of our ongoing commitment to return cash to our stockholders,\u201d said Willie McLain, senior vice president and chief financial officer. \u201cThis action reflects the Board\u2019s confidence in our ability to deliver earnings growth and continue our record of generating strong cash flow, which has … Continue reading "Eastman Board Increases Dividend for 11th Consecutive Year"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/eastman-board-increases-dividend-for-11th-consecutive-year\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-03T21:59:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20201203006092r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/eastman-board-increases-dividend-for-11th-consecutive-year\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/eastman-board-increases-dividend-for-11th-consecutive-year\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Eastman Board Increases Dividend for 11th Consecutive Year\",\"datePublished\":\"2020-12-03T21:59:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/eastman-board-increases-dividend-for-11th-consecutive-year\\\/\"},\"wordCount\":308,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/eastman-board-increases-dividend-for-11th-consecutive-year\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20201203006092r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/eastman-board-increases-dividend-for-11th-consecutive-year\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/eastman-board-increases-dividend-for-11th-consecutive-year\\\/\",\"name\":\"Eastman Board Increases Dividend for 11th Consecutive Year - 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