Celanese Declares Quarterly Dividend of $0.03 per Share
Celanese Corporation (NYSE: CE) has declared a quarterly dividend of $0.03 per share, consistent with its previous payout. The dividend is payable on November 10 to shareholders of record as of October 27, with an ex-dividend date also set for October 27. This results in a forward yield of approximately 0.26%. Investors can review the company's Dividend Scorecard and Yield Chart for further insights into its dividend history. The announcement comes amid ongoing market uncertainty affecting the chemical sector. Celanese has recently raised prices across its global acetyl chain, signaling efforts to stabilize operations in a challenging environment. Despite these adjustments, broader industry demand remains weak, as seen with recent downgrades of companies like Dow and LyondellBasell by Citi due to softening chemical market conditions.
