The board of directors of Eastman Chemical Company has declared a quarterly cash dividend of $0.44 per share on the company's common stock.
The dividend is payable Jan. 2, 2008, to stockholders of record as of Dec. 17, 2007.
Eastman manufactures and markets chemicals, fibers and plastics worldwide. It provides key differentiated coatings, adhesives and specialty plastics products; is one of the world's largest producers of PET polymers for packaging; and is a major supplier of cellulose acetate fibers.