Eastman Board Declares Dividend

KINGSPORT, Tenn., May 07, 2020 (GLOBE NEWSWIRE) -- The board of directors of Eastman Chemical Company (NYSE:EMN) has declared a quarterly cash dividend of $0.
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KINGSPORT, Tenn., May 07, 2020 (GLOBE NEWSWIRE) -- The board of directors of Eastman Chemical Company (EMN) - Get Report has declared a quarterly cash dividend of $0.66 per share on the company's common stock.

The dividend is payable July 10, 2020, to stockholders of record as of June 15, 2020.

Founded in 1920, Eastman is a global specialty materials company that produces a broad range of products found in items people use every day. With the purpose of enhancing the quality of life in a material way, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability. The company's innovation-driven growth model takes advantage of world-class technology platforms, deep customer engagement, and differentiated application development to grow its leading positions in attractive end-markets such as transportation, building and construction, and consumables. As a globally inclusive and diverse company, Eastman employs approximately 14,500 people around the world and serves customers in more than 100 countries. The company had 2019 revenues of approximately $9.3 billion and is headquartered in Kingsport, Tennessee, USA. For more information, visit  www.eastman.com .

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Contacts:Media:  Tracy Kilgore Addington 423-224-0498 / tracy@eastman.comInvestors:  Greg Riddle212-835-1620 / griddle@eastman.com