Eastman 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%.
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.