{"id":792989,"date":"2024-12-05T16:50:01","date_gmt":"2024-12-05T21:50:01","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/eastman-increases-dividend-for-15th-consecutive-year\/"},"modified":"2024-12-05T16:50:01","modified_gmt":"2024-12-05T21:50:01","slug":"eastman-increases-dividend-for-15th-consecutive-year","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/eastman-increases-dividend-for-15th-consecutive-year\/","title":{"rendered":"Eastman Increases Dividend for 15th Consecutive Year"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Eastman Increases Dividend for 15th Consecutive Year<\/b><\/p>\n<p>KINGSPORT, Tenn.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nThe Board of Directors of Eastman Chemical Company (NYSE: EMN) has declared an increase in the quarterly cash dividend from $0.81 to $0.83 per share on its common stock. The dividend is payable Jan. 8, 2025, to stockholders of record as of Dec. 16, 2024.<\/p>\n<p>\n\u201cWe are proud to continue our strong tradition of returning value to our stockholders by increasing our dividend for the 15th year in a row,\u201d stated Willie McLain, executive vice president and chief financial officer. \u201cThis increase demonstrates the Board&#8217;s confidence in our consistent earnings performance and robust cash flow generation.\u201d<\/p>\n<p>\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 14,000 people around the world and serves customers in more than 100 countries. The company had 2023 revenue of approximately $9.2 billion and is headquartered in Kingsport, Tennessee, USA. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.eastman.com&amp;esheet=54162887&amp;newsitemid=20241205781704&amp;lan=en-US&amp;anchor=www.eastman.com&amp;index=1&amp;md5=8a9c0a74b762a3777178d04369853ebf\">www.eastman.com<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20241205781704r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20241205781704\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20241205781704\/en\/<\/a><\/span><\/p>\n<p>\nMedia: Tracy Kilgore Addington<br \/>\n<br \/>423-224-0498 \/ <a rel=\"nofollow\" href=\"mailto:tracy@eastman.com\">tracy@eastman.com<\/a><\/p>\n<p>\nInvestors: Greg Riddle<br \/>\n<br \/>212-835-1620 \/ <a rel=\"nofollow\" href=\"mailto:griddle@eastman.com\">griddle@eastman.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Tennessee<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Packaging Chemicals\/Plastics Manufacturing<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20241205781704\/en\/1808465\/3\/Eastman_Black_300dpi.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Eastman Increases Dividend for 15th Consecutive Year KINGSPORT, Tenn.&#8211;(BUSINESS WIRE)&#8211; The Board of Directors of Eastman Chemical Company (NYSE: EMN) has declared an increase in the quarterly cash dividend from $0.81 to $0.83 per share on its common stock. The dividend is payable Jan. 8, 2025, to stockholders of record as of Dec. 16, 2024. \u201cWe are proud to continue our strong tradition of returning value to our stockholders by increasing our dividend for the 15th year in a row,\u201d stated Willie McLain, executive vice president and chief financial officer. \u201cThis increase demonstrates the Board&#8217;s confidence in our consistent earnings performance and robust cash flow generation.\u201d Founded in 1920, Eastman is a global specialty materials company that produces a broad &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/eastman-increases-dividend-for-15th-consecutive-year\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Eastman Increases Dividend for 15th Consecutive Year&#8221;<\/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-792989","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Eastman Increases Dividend for 15th 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-increases-dividend-for-15th-consecutive-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Eastman Increases Dividend for 15th Consecutive Year - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Eastman Increases Dividend for 15th Consecutive Year KINGSPORT, Tenn.&#8211;(BUSINESS WIRE)&#8211; The Board of Directors of Eastman Chemical Company (NYSE: EMN) has declared an increase in the quarterly cash dividend from $0.81 to $0.83 per share on its common stock. The dividend is payable Jan. 8, 2025, to stockholders of record as of Dec. 16, 2024. \u201cWe are proud to continue our strong tradition of returning value to our stockholders by increasing our dividend for the 15th year in a row,\u201d stated Willie McLain, executive vice president and chief financial officer. \u201cThis increase demonstrates the Board&#8217;s confidence in our consistent earnings performance and robust cash flow generation.\u201d Founded in 1920, Eastman is a global specialty materials company that produces a broad &hellip; Continue reading &quot;Eastman Increases Dividend for 15th Consecutive Year&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/eastman-increases-dividend-for-15th-consecutive-year\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-05T21:50:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20241205781704r1&amp;sid=flmnd&amp;distro=nx&amp;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-increases-dividend-for-15th-consecutive-year\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/eastman-increases-dividend-for-15th-consecutive-year\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Eastman Increases Dividend for 15th Consecutive Year\",\"datePublished\":\"2024-12-05T21:50:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/eastman-increases-dividend-for-15th-consecutive-year\\\/\"},\"wordCount\":286,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/eastman-increases-dividend-for-15th-consecutive-year\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20241205781704r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/eastman-increases-dividend-for-15th-consecutive-year\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/eastman-increases-dividend-for-15th-consecutive-year\\\/\",\"name\":\"Eastman Increases Dividend for 15th Consecutive Year - 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The dividend is payable Jan. 8, 2025, to stockholders of record as of Dec. 16, 2024. \u201cWe are proud to continue our strong tradition of returning value to our stockholders by increasing our dividend for the 15th year in a row,\u201d stated Willie McLain, executive vice president and chief financial officer. \u201cThis increase demonstrates the Board&#8217;s confidence in our consistent earnings performance and robust cash flow generation.\u201d Founded in 1920, Eastman is a global specialty materials company that produces a broad &hellip; Continue reading \"Eastman Increases Dividend for 15th Consecutive Year\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/eastman-increases-dividend-for-15th-consecutive-year\/","og_site_name":"Market Newsdesk","article_published_time":"2024-12-05T21:50:01+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20241205781704r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/eastman-increases-dividend-for-15th-consecutive-year\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/eastman-increases-dividend-for-15th-consecutive-year\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Eastman Increases Dividend for 15th Consecutive Year","datePublished":"2024-12-05T21:50:01+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/eastman-increases-dividend-for-15th-consecutive-year\/"},"wordCount":286,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/eastman-increases-dividend-for-15th-consecutive-year\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20241205781704r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/eastman-increases-dividend-for-15th-consecutive-year\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/eastman-increases-dividend-for-15th-consecutive-year\/","name":"Eastman Increases Dividend for 15th Consecutive Year - 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