Celanese Corporation (CE) To Go Ex-Dividend on July 28th

Celanese Corporation (NYSE:CEGet Free Report) announced a quarterly dividend on Wednesday, July 15th. Stockholders of record on Tuesday, July 28th will be paid a dividend of 0.03 per share by the basic materials company on Monday, August 10th. This represents a c) annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Tuesday, July 28th.

Celanese has decreased its dividend by an average of 0.5%per year over the last three years. Celanese has a dividend payout ratio of 1.7% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Celanese to earn $6.24 per share next year, which means the company should continue to be able to cover its $0.12 annual dividend with an expected future payout ratio of 1.9%.

Celanese Trading Down 2.0%

NYSE CE opened at $46.38 on Friday. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.38 and a quick ratio of 0.85. The firm’s fifty day moving average price is $49.99 and its 200 day moving average price is $53.95. The company has a market capitalization of $5.09 billion, a price-to-earnings ratio of -4.63, a price-to-earnings-growth ratio of 0.29 and a beta of 0.76. Celanese has a 12 month low of $35.13 and a 12 month high of $70.70.

Celanese (NYSE:CEGet Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The basic materials company reported $0.85 EPS for the quarter, missing the consensus estimate of $0.88 by ($0.03). Celanese had a positive return on equity of 9.92% and a negative net margin of 11.54%.The company had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.34 billion. During the same quarter in the prior year, the business earned $0.57 earnings per share. Celanese’s revenue was down 2.2% compared to the same quarter last year. Celanese has set its Q2 2026 guidance at 2.000-2.400 EPS. On average, sell-side analysts expect that Celanese will post 6.01 earnings per share for the current fiscal year.

About Celanese

(Get Free Report)

Celanese Corporation is a global chemical and specialty materials company that develops, manufactures and markets a broad portfolio of products serving diverse industries. The company operates through two primary business segments—Engineered Materials and Acetyl Chain—offering solutions that range from high-performance polymers and specialty additives to industrial chemicals and intermediates. Its engineered materials are used in applications such as automotive components, consumer electronics, medical devices and packaging, while its acetyl derivatives find uses in coatings, adhesives, solvents and personal care products.

In the Engineered Materials segment, Celanese produces a variety of high-performance thermoplastics, polyether-block-amide (PEBA) elastomers and functional additives designed to enhance product durability, thermal resistance and sustainability.

See Also

Dividend History for Celanese (NYSE:CE)

Receive News & Ratings for Celanese Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Celanese and related companies with MarketBeat.com's FREE daily email newsletter.