SmarterDividends
EMN

Eastman Chemical Company

EMN

Basic Materials · Specialty Chemicals · Stock · quarterly payer

$65.73

Undervalued · +22% Add to Portfolio

Forward Yield

5.11%

Annual Dividend

$3.36

Payout Ratio

87%

5-Yr Growth

4.5%

Ex-Date

Sep 15, 2026

Frequency

Quarterly

Key facts about EMN's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Eastman Chemical Company (EMN) has a forward dividend yield of 5.11%, based on an annual dividend of $3.36 per share and a share price of $65.73.
  • As of Oct 27, 2026, EMN's dividend safety grade from SmarterDividends is A (86 out of 100), which rates the dividend as very safe.
  • By SmarterDividends' count, Eastman Chemical Company (EMN) has raised its dividend for 16 consecutive years as of Oct 27, 2026.
  • EMN has never cut its regular dividend in the payment history SmarterDividends has on record.
  • EMN's most recent ex-dividend date was Sep 15, 2026, for a dividend of $0.84 per share.
  • As of Oct 27, 2026, EMN pays out 87% of its trailing 12-month earnings as dividends (its payout ratio).
  • EMN's dividend has grown at an average rate of 4.5% a year over the past five years.
  • As of Oct 27, 2026, EMN's 5.11% yield is 48% above its five-year average yield of 3.45%.
  • As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for EMN is $80.44 per share, 22% above the $65.73 share price, so EMN screens as undervalued.
  • Eastman Chemical Company (EMN) pays its dividend quarterly, 4 times a year.
  • Eastman Chemical Company (EMN) has raised its regular dividend 19 times and cut it 1 time across the 132 payments on record since 1994. Its most recent change was a 1.2% increase to $0.840 per share, going ex-dividend on Dec 15, 2025. The last cut went ex-dividend on Mar 13, 2007.
  • Eastman Chemical (EMN) has declared its first higher dividend of the year in December in 5 of the last 5 years; its most recent raise, 1.2%, was declared on Dec 4, 2025.
Cite this page

SmarterDividends, "EMN Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/EMN

Summary

As of Oct 27, 2026, Eastman Chemical Company (EMN) yields 5.11% ($3.36 a year per share), has a dividend safety grade of A (86/100) and has 16 consecutive years of dividend increases on record.

Is EMN a good dividend stock?

Yes

Eastman Chemical Company (EMN) pays a quarterly dividend yielding 5.11% ($3.36/yr), with 16 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 16 consecutive years of dividend growth
  • Never cut its dividend on record
  • Top-tier dividend safety score

Risks

  • Elevated payout ratio (87%)
  • Share price is down over the past 5 years

Key Data

Dividend Yield
5.11%
Payout Ratio
87%
Annual Dividend
$3.36
5-Yr Avg Growth
4.5%
Ex-Dividend Date
Sep 15, 2026
Years of Growth
16
Frequency
quarterly
Beta
1.08
Market Cap
$7.5B
P/E Ratio
17.2
5-Yr Total Return
-38%
52-Week Range
$56.11 – $83.47
Dividend Safety
A · 86/100
Ever Cut?
No

EMN dividend raises and cuts

Eastman Chemical Company (EMN) has raised its regular dividend 19 times and cut it 1 time across the 132 payments on record since 1994. Its most recent change was a 1.2% increase to $0.840 per share, going ex-dividend on Dec 15, 2025. The last cut went ex-dividend on Mar 13, 2007.

Ex-dateChangeOld → newMove
Dec 15, 2025Raise$0.830 → $0.840+1.2%
Dec 16, 2024Raise$0.810 → $0.830+2.5%
Dec 15, 2023Raise$0.790 → $0.810+2.5%
Dec 14, 2022Raise$0.760 → $0.790+3.9%
Dec 14, 2021Raise$0.690 → $0.760+10.1%
Dec 14, 2020Raise$0.660 → $0.690+4.5%
Dec 13, 2019Raise$0.620 → $0.660+6.5%
Dec 14, 2018Raise$0.560 → $0.620+10.7%
Dec 15, 2017Raise$0.510 → $0.560+9.8%
Dec 13, 2016Raise$0.460 → $0.510+10.9%
Dec 10, 2015Raise$0.400 → $0.460+15.0%
Dec 11, 2014Raise$0.350 → $0.400+14.3%
Show all 20 changes since 1995
Ex-dateChangeOld → newMove
Dec 12, 2013Raise$0.300 → $0.350+16.7%
Dec 13, 2012Raise$0.260 → $0.300+15.4%
Sep 13, 2011Raise$0.235 → $0.260+10.6%
Dec 9, 2010Raise$0.220 → $0.235+6.8%
Mar 13, 2007Cut$0.225 → $0.220−2.2%
Dec 14, 2006Raise$0.220 → $0.225+2.3%
Sep 12, 1996Raise$0.210 → $0.220+4.8%
Sep 14, 1995Raise$0.200 → $0.210+5.0%
Every EMN payment →Download every raise and cut (CSV)
EMN ex-dividend date & scheduleNext ex-date Sep 15, 2026 · full ex-dividend historyView →EMN dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is EMN a good dividend stock?

Yes. Eastman Chemical Company (EMN) pays a quarterly dividend yielding 5.11% ($3.36/yr), with 16 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is EMN undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, EMN's fair value is about $80.44 versus a $65.73 share price — so it looks undervalued (+22% vs. fair value).

Is EMN's dividend safe?

EMN has a dividend-safety grade of A (86/100), based on its payout coverage, free-cash-flow, 16-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is EMN's fair value?

Our blended fair-value estimate for EMN is about $80.44 per share, roughly 22% above the current $65.73 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is EMN a buy, hold, or sell?

We don't issue formal ratings, but on the data EMN screens as "yes" and undervalued. Eastman Chemical Company (EMN) pays a quarterly dividend yielding 5.11% ($3.36/yr), with 16 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will EMN cut its dividend?

EMN earns a dividend-safety grade of A (86/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does EMN pay a dividend?

Yes. Eastman Chemical Company pays a quarterly dividend of about $3.36 per share annually, a forward yield of roughly 5.11%.

What is EMN's dividend yield?

As of Oct 27, 2026, EMN's forward dividend yield is 5.11%, based on a $3.36 annual dividend and a $65.73 share price.

What is EMN's dividend per share?

As of Oct 27, 2026, EMN pays $3.36 per share per year, distributed on a quarterly basis.

What is EMN's dividend payout ratio?

As of Oct 27, 2026, EMN's payout ratio is 87% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has EMN grown its dividend?

As of Oct 27, 2026, EMN has increased its dividend for 16 consecutive years.

When is the next EMN ex-dividend date?

As of Oct 27, 2026, EMN's next ex-dividend date hasn't been announced. The most recent was Sep 15, 2026, for $0.84 per share.

Income Calculator

At $3.36 / yr per share

Per payment (quarterly)$84.00
Annual$336.00
Monthly avg$28.00

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