Celanese Corp. (CE) Raises Quarterly Dividend 20% to $0.30; 1.8% Yield

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Go back to Celanese Corp. (CE) Raises Quarterly Dividend 20% to $0.30; 1.8% Yield

Celanese Corporation Increases Dividend 20 Percent and Declares Quarterly Dividend

April 23, 2015 4:15 PM EDT

Annual Dividend Now $1.20 Per Share

DALLAS--(BUSINESS WIRE)-- Celanese Corporation (NYSE: CE), a global technology and specialty materials company, today announced that its board of directors has approved a 20 percent increase in the company's quarterly common stock cash dividend. The dividend rate increased from $0.25 to $0.30 per share of common stock on a quarterly basis and from $1.00 to $1.20 per share of common stock on an annual basis. The new dividend rate will be applicable immediately.

Our strong cash flow generation allows us to return more cash to shareholders. Since April... More