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 April 2, 2007, to stockholders of record as of March 15, 2007.
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.
As a Responsible Care company, Eastman is committed to achieving the highest standards of health, safety, environmental and security performance.
Founded in 1920 and headquartered in Kingsport, Tenn., Eastman is a FORTUNE 500 company with 2006 sales of $7.5 billion and approximately 11,000 employees.