One of my favorite blogger Jason Fieber at Mr. Free at 33 wrote an article on it recently at DailyTradeAlert.com and I liked what he said about this company. Eastman looks attractive for its long term increasing dividend, low payout ratio and consistent revenues.
The company is making sustainable business decisions with its products and processes. Any technological improvements is good in my opinion but no one knows really how it will end up. There are no perfect solutions to the world's pollution & climate change issues but many imperfect tradeoffs. Time will tell if we are making the right choices.
DIVIDEND YIELD (FWD)
|
ANNUAL PAYOUT (FWD)
|
PAYOUT RATIO
|
5 YEAR GROWTH RATE
|
DIVIDEND GROWTH
|
---|---|---|---|---|
3.44% | $2.48 | 30.37% | 12.97% | 9 Years |
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