Eastman Board names new member & announces dividend
09 Dec '05
2 min read
In other business, Eastman's board of directors declared a quarterly cash dividend of $0.44 per share on the company's common stock.
The dividend is payable Jan. 2, 2006, to stockholders of record as of Dec. 15, 2005.
Eastman manufactures and markets chemicals, fibers and plastics worldwide. It provides key differentiated coatings, adhesives and specialty plastics products; is the world's largest producer of PET polymers for packaging; and is a major supplier of cellulose acetate fibers.
Founded in 1920 and headquartered in Kingsport, Tenn., Eastman is a FORTUNE 500 company with 2004 sales of $6.6 billion and approximately 12,000 employees.
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