Eastman Chemical Dividend
Dividend criteria checks 5/6
Eastman Chemical is a dividend paying company with a current yield of 2.88% that is well covered by earnings.
Key information
2.8%
Dividend yield
43%
Payout ratio
Industry average yield | 5.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | €3.240 |
Earnings per share | €7.56 |
Dividend yield forecast | 3.2% |
Recent dividend 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 |
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Segment | Dividend Yield |
---|---|
Company (EAC) | 2.8% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.8% |
Industry Average (Chemicals) | 5.1% |
Analyst forecast (EAC) (up to 3 years) | 3.2% |
Notable Dividend: EAC's dividend (2.88%) is higher than the bottom 25% of dividend payers in the German market (1.61%).
High Dividend: EAC's dividend (2.88%) is low compared to the top 25% of dividend payers in the German market (4.76%).
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 (63.3%), EAC's dividend payments are covered by cash flows.