The Mysterious Tale of "America's No. 1 Retirement Stock"
This factory of 53,000 employees, in Burbank, CA, was camouflaged to look like a sleepy suburb (with the help of artists, set designers, and painters from nearby Hollywood movie studios). The mysterious company behind this disappearing act is now being called "America's No. 1 Retirement Stock".
Financials
| Curr Year EPS Estimate | 7.80 |
| Next Quarter EPS Estimate | 1.80 |
| Profit Margin | 0.06 |
| Return on Assets | 0.04 |
| Return on Equity | 0.08 |
| Revenue | 8,472,999,936 |
| Earnings Per Share | 3.50 |
| Revenue Per Share | 62.53 |
| Gross Profit | 1,983,000,000 |
| Quarterly Revenue Growth | -0.01 |
General
| Name | Eastman Chemical Company |
| Ticker | EMN |
| Exchange | NYSE |
| Sector | Basic Materials |
| Industry | Chemicals |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 14,500 |
About Eastman Chemical Company
Eastman Chemical Company operates as a specialty materials company worldwide. The company's Additives & Functional Products segment offers hydrocarbon and rosin resins; organic acid-based solutions; amine derivative-based building blocks; metam-based soil fumigants, thiram and ziram based fungicides, and plant growth regulators; specialty coalescent, specialty and commodity solvents, paint additives, and specialty polymers; heat transfer and aviation fluids; insoluble sulfur and anti-degradant rubber additives; and performance resins. It serves the transportation, consumables, building and construction, animal nutrition, crop protection, energy, personal and home care, and other markets. Its Advanced Materials segment provides copolyesters, cellulose esters, polyvinyl butyral (PVB) sheets, and window and protective films, and aftermarket applied film products for value-added end uses in the transportation, consumables, building and construction, durable goods, and health and wellness markets. The company's Chemical Intermediates segment offers methylamines and salts higher amines and solvents; Olefin and acetyl derivatives, ethylene, and commodity solvents; and primary non-phthalate and phthalate plasticizers, and niche non- phthalate plasticizers to the industrial chemicals and processing, building and construction, health and wellness, and agrochemicals. Its Fibers segment provides cellulose acetate tow, triacetin, cellulose acetate flake, acetic acid, and acetic anhydride for use in filtration media primarily cigarette filters; natural and solution dyed acetate yarns for use in consumables, and health and wellness markets; and wet-laid nonwoven media, specialty and engineered papers, and cellulose acetate fibers for transportation, industrial, agriculture and mining, aerospace, personal hygiene, and consumables markets. Eastman Chemical Company was founded in 1920 and is headquartered in Kingsport, Tennessee.
Dividend
Eastman Chemical Company pays out a dividend of $2.67 per share, with a dividend yield of 3.24%.
EMN's last dividend payment was made to shareholders on April 5, 2021.
They pay out 43.97% of their earnings out as a dividend.
Recent Dividends
| Apr 5, 2024 | $0.81 |
| Jan 5, 2024 | $0.81 |
| Oct 6, 2023 | $0.79 |
| Jul 7, 2023 | $0.79 |
| Apr 10, 2023 | $0.79 |
| Jan 6, 2023 | $0.79 |
| Oct 7, 2022 | $0.76 |
| Jul 8, 2022 | $0.76 |
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