Eastman Chemical Dividends and Buybacks
Dividend criteria checks 5/6
Eastman Chemical is a dividend paying company with a current yield of 3.62% that is well covered by earnings. Next payment date is on 8th January, 2025 with an ex-dividend date of 16th December, 2024.
Key information
3.6%
Dividend yield
2.8%
Buyback Yield
| Total Shareholder Yield | 6.4% |
| Future Dividend Yield | 3.9% |
| Dividend Growth | 5.2% |
| Next dividend pay date | 08 Jan 25 |
| Ex dividend date | 16 Dec 24 |
| Dividend per share | US$3.320 |
| Payout ratio | 43% |
Recent dividend and buyback updates
Recent updates
Eastman Chemical (NYSE:EMN) Has Announced That It Will Be Increasing Its Dividend To $0.83
Dec 09
Should You Think About Buying Eastman Chemical Company (NYSE:EMN) Now?
Oct 24Eastman Chemical: Difficult To See Upside At This Valuation (Rating Downgrade)
Oct 14Is Eastman Chemical (NYSE:EMN) Using Too Much Debt?
Sep 08We Ran A Stock Scan For Earnings Growth And Eastman Chemical (NYSE:EMN) Passed With Ease
Aug 15Eastman Chemical Company (NYSE:EMN) Shares Could Be 33% Below Their Intrinsic Value Estimate
Jul 28Eastman Chemical Company's (NYSE:EMN) Share Price Is Matching Sentiment Around Its Earnings
Jul 16Eastman Chemical Running In Place (Rating Downgrade)
Jul 10Is Now An Opportune Moment To Examine Eastman Chemical Company (NYSE:EMN)?
Jun 03Does Eastman Chemical (NYSE:EMN) Have A Healthy Balance Sheet?
May 08It's Probably Less Likely That Eastman Chemical Company's (NYSE:EMN) CEO Will See A Huge Pay Rise This Year
Apr 26Eastman Chemical: Cyclical But Resilient
Apr 25Eastman Chemical Company's (NYSE:EMN) Share Price Is Matching Sentiment Around Its Earnings
Apr 03Is There An Opportunity With Eastman Chemical Company's (NYSE:EMN) 22% Undervaluation?
Feb 22We Think You Should Be Aware Of Some Concerning Factors In Eastman Chemical's (NYSE:EMN) Earnings
Feb 09Here's Why Eastman Chemical (NYSE:EMN) Has A Meaningful Debt Burden
Jan 23Eastman Chemical Company (NYSE:EMN) Screens Well But There Might Be A Catch
Jan 02Eastman Chemical: Structural Disappointments
Nov 22Eastman Chemical: Shares Are Already Pricing In Recovery
Nov 01Eastman Chemical: Sales Volumes Need To Stabilize
Sep 18Eastman Chemical Benefits From Reversal In Gas And NGL Costs
Jul 033 Reasons To Consider Eastman Chemical Company
May 30Eastman Chemical: A Sporty Valuation But A Bearish Chart Post-Earnings
Feb 26Eastman Chemical: A Great Long-Term Dividend Stock At The Right Price
Dec 13Eastman Chemical Non-GAAP EPS of $2.05 beats by $0.05, revenue of $2.71B beats by $140M
Oct 27Eastman Chemical Company: An Underappreciated ESG Investment
Oct 20Stability and Growth of Payments
Fetching dividends data
Stable Dividend: EMN's dividends per share have been stable in the past 10 years.
Growing Dividend: EMN's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Eastman Chemical Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (EMN) | 3.6% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Chemicals) | 2.1% |
| Analyst forecast (EMN) (up to 3 years) | 3.9% |
Notable Dividend: EMN's dividend (3.62%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: EMN's dividend (3.62%) is low compared to the top 25% of dividend payers in the US market (4.51%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43%), EMN's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (64.6%), EMN's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:08 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Eastman Chemical Company is covered by 41 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Sergey Vasnetsov | Barclays |
| Michael Leithead | Barclays |