Celanese Corp. (CE) Raises Quarterly Dividend 27.8% to $0.46; 2.1% Yield

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Celanese Corporation Increases Dividend 28 Percent and Declares Quarterly Dividend

April 20, 2017 9:33 AM EDT

Announces Plan to Increase Dividends Over Next Three Years

DALLAS--(BUSINESS WIRE)-- Celanese Corporation (NYSE: CE), a global technology and specialty materials company, today announced that its board of directors has approved a 28 percent increase in the company's quarterly common stock cash dividend.

The dividend rate increased from $0.36 to $0.46 per share of common stock on a quarterly basis and from $1.44 to $1.84 per share of common stock on an annual basis. The new dividend rate will be applicable immediately.

We believe that consistently increasing our dividend is integral to maximizing... More