Analysts expect over 2020 decreasing revenue Eastman Chemical, high dividend yield

Tomorrow the American company Eastman Chemical will publish its past quarters results. Over the current book year the total revenue will be 8,47 billion USD (consensus estimates). This is slightly lower than 2018's revenue of 9,27 billion USD.

Historical revenues and results Eastman Chemical plus estimates 2020

The analysts expect for 2020 a net profit of 867 million USD. According to most of the analysts the company will have a profit per share for this book year of 6,25 USD. So the price/earnings-ratio equals 8,44.

Huge dividend Eastman Chemical

For this year the analysts expect a dividend of 2,64 USD per share. Thus the dividend yield equals 5,01 percent. The average dividend yield of the chemical companies is a good 2,56 percent.

Eastman Chemical's market capitalization is based on the number of outstanding shares around 7,37 billion USD. The Eastman Chemical stock was the past 12 months quite unstable. Since last April the stock is 34 percent lower. This year the stock price moved between 34 and 84 dollar. Since 2008 the stock price is almost 57 percent higher.

Historical stock prices Eastman Chemical

Click here for dividend . On Friday the stock closed at 52,72 USD.

Analist.nl Nieuwsdienst: +31 084-0032-842
nieuws@analist.nl

Copyright analist.nl B.V.
All rights reserved. Any redistribution, duplication or archiving prohibited. Analist.nl doesn't warrant the accuracy of any News Content provided and shall not be liable for any errors, inaccuracies or for any actions taken in reliance thereon.