Credit: Shutterstock photoEastman Chemical Company ( EMN ) will begin trading ex-dividend on December 15, 2017. A cash dividend payment of $0.56 per share is scheduled to be paid on January 05, 2018. Shareholders who purchased EMN prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 9.8% increase over prior dividend payment. At the current stock price of $93.08, the dividend yield is 2.41%.
The previous trading day's last sale of EMN was $93.08, representing a -1.98% decrease from the 52 week high of $94.96 and a 24.47% increase over the 52 week low of $74.78.
EMN is a part of the Basic Industries sector, which includes companies such as DowDuPont Inc. ( DWDP ) and Praxair, Inc. ( PX ). EMN's current earnings per share, an indicator of a company's profitability, is $6.98. Zacks Investment Research reports EMN's forecasted earnings growth in 2017 as 5.39%, compared to an industry average of 14.9%.
For more information on the declaration, record and payment dates, visit the EMN Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to EMN through an Exchange Traded Fund [ETF]?
The following ETF(s) have EMN as a top-10 holding:
- John Hancock Multifactor Materials ETF ( JHMA )
- PowerShares DWA Basic Materials Momentum Portfolio ( PYZ )
- iShares U.S. Basic Materials ETF ( IYM ).
The top-performing ETF of this group is JHMA with an increase of 13.43% over the last 100 days. It also has the highest percent weighting of EMN at 4.04%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
