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Eastman Chemical Co (MEX:EMN) Dividend Yield % : 2.80% (As of Dec. 12, 2024)


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What is Eastman Chemical Co Dividend Yield %?

As of today (2024-12-12), the Trailing Annual Dividend Yield of Eastman Chemical Co is 2.80%.

The historical rank and industry rank for Eastman Chemical Co's Dividend Yield % or its related term are showing as below:

MEX:EMN' s Dividend Yield % Range Over the Past 10 Years
Min: 1.79   Med: 2.7   Max: 6.17
Current: 2.8

During the past 13 years, the highest Dividend Yield of Eastman Chemical Co was 6.17%. The lowest was 1.79%. And the median was 2.70%.

MEX:EMN's Dividend Yield % is ranked better than
75.45% of 1063 companies
in the Chemicals industry
Industry Median: 1.71 vs MEX:EMN: 2.80

Eastman Chemical Co's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.36.

During the past 13 years, the highest Dividend Payout Ratio of Eastman Chemical Co was 0.50. The lowest was 0.21. And the median was 0.30.

As of today (2024-12-12), the Forward Dividend Yield % of Eastman Chemical Co is 3.28%.

Eastman Chemical Co's Dividends per Share for the three months ended in Sep. 2024 was MXN15.95.

During the past 12 months, Eastman Chemical Co's average Dividends Per Share Growth Rate was 2.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Eastman Chemical Co was 15.40% per year. The lowest was -7.20% per year. And the median was 7.85% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Eastman Chemical Co Dividend Yield % Historical Data

The historical data trend for Eastman Chemical Co's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Eastman Chemical Co Dividend Yield % Chart

Eastman Chemical Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.60 3.39 2.37 3.75 3.87

Eastman Chemical Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.42 3.87 3.81 - 2.80

Competitive Comparison of Eastman Chemical Co's Dividend Yield %

For the Specialty Chemicals subindustry, Eastman Chemical Co's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Eastman Chemical Co's Dividend Yield % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Eastman Chemical Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Eastman Chemical Co's Dividend Yield % falls into.



Eastman Chemical Co Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Eastman Chemical Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.8100002024-09-172024-09-162024-10-07Cash DividendquarterlyUSD:MXN 19.596300
USD 0.8100002024-06-172024-06-172024-07-09Cash DividendquarterlyUSD:MXN 18.194600
USD 0.8100002024-03-142024-03-152024-04-05Cash DividendquarterlyUSD:MXN 16.769300
USD 0.8100002023-12-152023-12-182024-01-05Cash DividendquarterlyUSD:MXN 17.192700

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Eastman Chemical Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=58.119849/2054.00
=2.83 %

Current Share Price is MXN2054.00.
Eastman Chemical Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is MXN58.119849.

Eastman Chemical Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=63.492012/2054.00
=3.09 %

Current Share Price is MXN2054.00.
Eastman Chemical Co's Dividends per Share for the forward twelve months is calculated as MXN15.873003 * 4 = MXN63.492012.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Eastman Chemical Co  (MEX:EMN) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Eastman Chemical Co Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Eastman Chemical Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Eastman Chemical Co Business Description

Traded in Other Exchanges
Address
200 South Wilcox Drive, Kingsport, TN, USA, 37662
Established in 1920 to produce chemicals for Eastman Kodak, Eastman Chemical has grown into a global specialty chemical company with manufacturing sites around the world. The company generates the majority of its sales outside of the United States, with a strong presence in Asian markets. During the past several years, Eastman has sold noncore businesses, choosing to focus on higher-margin specialty product offerings.