Eastman Board Declares Dividend
The board of directors of Eastman Chemical Company (NYSE: EMN) has declared a quarterly cash dividend of $0.66 per share on its common stock.
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Rhea-AI Summary
The board of directors of Eastman Chemical Company (NYSE: EMN) has declared a quarterly cash dividend of $0.66 per share on its common stock. This dividend is set to be payable on July 10, 2020, to stockholders of record as of June 15, 2020. Founded in 1920, Eastman is a global specialty materials company with 2019 revenues of approximately $9.3 billion, serving customers in more than 100 countries.
Positive
- Quarterly cash dividend of $0.66 per share announced.
- Dividend payment date set for July 10, 2020.
Negative
- None.
Details
News Market Reaction – EMN
The recorded move for EMN in the trading session of this news was +1.58%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
KINGSPORT, Tenn., May 07, 2020 (GLOBE NEWSWIRE) -- The board of directors of Eastman Chemical Company (NYSE:EMN) has declared a quarterly cash dividend of
The dividend is payable July 10, 2020, to stockholders of record as of June 15, 2020.
Founded 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’s 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
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Contacts: Media: Tracy Kilgore Addington 423-224-0498 / tracy@eastman.com Investors: Greg Riddle 212-835-1620 / griddle@eastman.com
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