SmarterDividends
EMN

Eastman Chemical Company

EMN31 yrs growth

Basic Materials · Stock · quarterly payer

Forward Yield

4.64%

Annual Dividend

$3.36

Payout Ratio

97%

5-Yr Growth

4.7%

Ex-Date

Jun 15, 2026

Frequency

Quarterly

EMN Dividend Safety Score

84/ 100
Grade A

Very Safe

Dividend-growth streak31 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage97% of earnings paid out
Free-cash-flow coverage89% of free cash flow
Balance-sheet strengthDebt/equity of 0.90
Yield vs its historyYield is 1.3× its 5-yr average — elevated

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is EMN a good dividend stock?

Yes

Eastman Chemical Company (EMN) pays a quarterly dividend yielding 4.64% ($3.36/yr), with 31 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

  • Dividend Aristocrat — 31 consecutive years of growth
  • Never cut its dividend on record
  • Top-tier dividend safety score

Risks

  • Elevated payout ratio (97%)
  • Share price is down over the past 5 years

Key Data

Dividend Yield
4.64%
Payout Ratio
97%
Annual Dividend
$3.36
5-Yr Avg Growth
4.7%
Ex-Dividend Date
Jun 15, 2026
Years of Growth
31
Frequency
quarterly
Beta
1.07
Market Cap
$8.3B
P/E Ratio
20.9
5-Yr Total Return
-38%
52-Week Range
$56.11 – $83.47
Dividend Safety
A · 84/100
Ever Cut?
No
EMN ex-dividend date & scheduleNext ex-date Jun 15, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $3.36 / yr per share

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