Shareholders to Receive Increased Dividend as Eastman (EMN) Extends 16-Year Streak

Eastman Chemical Company (NYSE:EMN) is included among the 15 Dividend Stocks Paying 4%+ Yield in 2025.

Shareholders to Receive Increased Dividend as Eastman (EMN) Extends 16-Year Streak

On December 4, Eastman Chemical Company (NYSE:EMN) declared a 1.2% hike in its quarterly dividend to $0.84 per share. The dividend is payable January 8, 2026, to stockholders of record as of December 15, 2025. Through this increase, the company stretched its dividend growth streak to 16 years.

Willie McLain, executive vice president and chief financial officer, made the following comment:

“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) has always prioritized cash generation and has taken steps toward cost reduction. In its recent quarterly earnings, the company is targeting $100 million in cost cuts for 2026 in addition to $75 million already achieved this year. Through this, Eastman plans to remain committed to shareholder return. In Q3 2025, the company generated $402 million in operating cash flow, growing from $396 million in the prior year period. It also distributed $146 million to shareholders through dividends and share repurchases.

Eastman Chemical Company (NYSE:EMN) is an American chemical products manufacturing company that produces a wide range of chemicals, fibres, and plastics.

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Disclosure: None.