Eastman Chemical (EMN) has announced a 1.2% increase in its quarterly dividend, raising it to $0.84 per share, resulting in a forward yield of 5.54%. The company aims for a $100 million cost reduction by 2026, driven by increased revenues from recycling initiatives. With a current market capitalization of $6.92 billion, Eastman Chemical focuses on high-margin specialty products within the Basic Materials sector.

<p>Eastman Chemical (EMN) has announced a 1.2% increase in its quarterly dividend, raising it to $0.84 per share, resulting in a forward yield of 5.54%. The company aims for a $100 million cost reduction by 2026, driven by increased revenues from recycling initiatives. With a current market capitalization of $6.92 billion, Eastman Chemical focuses on high-margin specialty products within the Basic Materials sector.</p>

Eastman Chemical (EMN) Boosts Dividend by 1.2%