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KINGSPORT, Tenn. – Eastman Chemical Company (NYSE:) announced that its Board of Directors has approved a quarterly cash dividend. Shareholders will receive $0.81 per share, which is scheduled for payment on April 5, 2024, to those holding shares as of the record date, March 15, 2024.
Eastman Chemical, a global specialty materials company founded in 1920, has a diverse portfolio that includes products used in everyday items. The company emphasizes innovation, safety, and sustainability in its operations, striving to improve the quality of life with its materials.
Eastman is known for its engagement with customers to develop unique solutions and maintains leading positions in various end markets, including transportation, building and construction, and consumables.
Employing about 14,000 individuals worldwide, Eastman serves customers across over 100 countries. The company reported revenues of around $9.2 billion for the year 2023. Based in Kingsport, Tennessee, Eastman continues to focus on its growth model, leveraging its technology platforms and deep market engagement.
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This story originally appeared on Investing
