Eastman Chemical Company (EMN) Ex-Dividend Date Scheduled for March 13, 2013


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Eastman Chemical Company ( EMN ) will begin trading ex-dividend on March 13, 2013. A cash dividend payment of $0.3 per share is scheduled to be paid on April 01, 2013. Shareholders who purchased EMN stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 15.38% increase over the same period a year ago.

The previous trading day's last sale of EMN was $72.23, representing a -3.92% decrease from the 52 week high of $75.18 and a 73.88% increase over the 52 week low of $41.54.

EMN is a part of the Basic Industries sector, which includes companies such as E.I. du Pont de Nemours and Company ( DD ) and Dow Chemical Company ( DOW ). EMN's current earnings per share, an indicator of a company's profitability, is $3.03. Zacks Investment Research reports EMN's forecasted earnings growth in 2013 as 19.14%, compared to an industry average of 1.9%.

For more information on the declaration, record and payment dates, visit the EMN Dividend History page.

Interested in gaining exposure to EMN through an Exchange Traded Fund [ETF]?
The following ETF(s) have EMN as a top-10 holding:

  • Guggenheim S&P 500 Equal Weight Materials ETF ( RTM )
  • First Trust Materials AlphaDEX Fund ( FXZ )
  • PowerShares Dynamic Basic Materials ( PYZ )
  • First Trust Value Line Equity Allocation Index(sm)Fund ( FVI )
  • First Trust Large Cap Growth AlphaDEX Fund (based on the Defin ( FTC ).

The top-performing ETF of this group is FXZ with an increase of 15.4% over the last 100 days. RTM has the highest percent weighting of EMN at 3.4%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines Stocks
Referenced Stocks: DD , DOW , EMN , FTC , FVI , FXZ , PYZ , RTM

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