Dividend Achievers List: Top 16 Stocks

8. Eastman Chemical Company (NYSE:EMN)

Dividend Yield as of December 21: 5.29%

Eastman Chemical Company (NYSE:EMN) is among the best dividend stocks for the dividend achievers list.

On December 19, Wells Fargo downgraded Eastman Chemical Company (NYSE:EMN) to Equal Weight from Overweight. The firm kept its price target unchanged at $70. The move was part of a broader reset across the chemicals sector. Wells Fargo downgraded four companies, pointing to industry checks that suggest “trough-like conditions” may extend into the first half of 2026.

According to the analyst, the group continues to face pressure from a muted recovery in China and sluggish housing markets in both the US and Europe. Interest rate cuts could offer some support over time. Still, Wells Fargo believes meaningful catalysts that would drive valuation recoveries are likely several quarters away. Near-term visibility remains limited.

A few weeks earlier, on December 4, Eastman Chemical Company (NYSE:EMN) shared a more shareholder-friendly update. The company’s board approved a modest increase in its quarterly dividend, raising it to $0.84 per share from $0.83. The dividend will be paid on January 8, 2026, to shareholders of record as of December 15, 2025. The increase signals confidence in cash flow durability, even as the operating backdrop stays challenging.

Willie McLain, executive vice president and chief financial officer of EMN, made the following statement:

“By raising our dividend for the 16th consecutive year, we are reaffirming our commitment to delivering value to our shareholders. This action demonstrates the Board’s continued trust in our ability to achieve consistent earnings and maintain strong cash generation.”

Eastman Chemical Company (NYSE:EMN) operates as a global specialty materials company. Its products are used across a wide range of everyday applications. The company works closely with customers to develop tailored solutions, with a focus on innovation, safety, and sustainability.