Eastman Chemical Dividends and Buybacks
Dividend criteria checks 5/6
Eastman Chemical is a dividend paying company with a current yield of 3.07% that is well covered by earnings.
Key information
3.1%
Dividend yield
2.5%
Buyback Yield
| Total Shareholder Yield | 5.5% |
| Future Dividend Yield | 3.5% |
| Dividend Growth | 5.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €3.240 |
| Payout ratio | 43% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: EAC's dividends per share have been stable in the past 10 years.
Growing Dividend: EAC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Eastman Chemical Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (EAC) | 3.1% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Chemicals) | 5.3% |
| Analyst forecast (EAC) (up to 3 years) | 3.5% |
Notable Dividend: EAC's dividend (3.07%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: EAC's dividend (3.07%) is low compared to the top 25% of dividend payers in the German market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43%), EAC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (63.1%), EAC's dividend payments are covered by cash flows.