Eastman Chemical Co. has increased the quarterly dividend on its common stock 11 percent to US$0.52 per share.
The dividend―$2.48 annualized with a yield of 3.39 percent―is payable January 4 to shareholders of record at the close of business December 17. Eastman Chemical has paid an increased dividend to shareholders for nine consecutive years.
About Eastman Chemical
Kingsport, TN-based Eastman Chemical Co. manufactures a broad range of solvents and solutions, including adhesives, fibers, and cleaning chemicals. For more information, visit www.eastman.com.