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Celanese Corporation Declares Quarterly Dividend of $0.03 Per Share

1. Celanese declared a quarterly cash dividend of $0.03 per share. 2. The dividend is payable on March 11, 2025, to shareholders of record by February 25. 3. In 2023, Celanese reported net sales of $10.9 billion. 4. The company's commitment to sustainability may attract socially conscious investors. 5. Celanese employs approximately 12,400 employees worldwide.

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FAQ

Why Bullish?

Dividends typically indicate company stability and future earnings potential. A modest dividend may attract income-focused investors, enhancing CE's attractiveness.

How important is it?

The announcement of recurrent dividends signals financial health, impacting investor perception. However, the small amount may limit significant stock movement.

Why Short Term?

The immediate effect is likely to be observed around the dividend payment date. Historically, dividend announcements boost stock prices temporarily.

Related Companies

Celanese Corporation Declares Quarterly Dividend of $0.03 Per Share

DALLAS--( )--Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today declared a quarterly cash dividend of $0.03 per share on its common stock, payable March 11, 2025.

The dividend is payable to stockholders of record as of February 25, 2025.

About Celanese

Celanese is a global leader in chemistry, producing specialty material solutions used across most major industries and consumer applications. Our businesses use our chemistry, technology and commercial expertise to create value for our customers, employees and shareholders. We are committed to sustainability by responsibly managing the materials we create for their entire lifecycle and are growing our portfolio of sustainable products to meet increasing customer and societal demand. We strive to make a positive impact in our communities and to foster inclusivity across our teams. Celanese is a Fortune 500 company that employs approximately 12,400 employees worldwide with 2023 net sales of $10.9 billion.

Contacts

Celanese Contacts:

Investor Relations
William Cunningham
+1 302 772 5231
william.cunningham@celanese.com

Media Relations – Global
Jamaison Schuler
+1 972 443 4400
media@celanese.com

Media Relations Europe (Germany)
Petra Czugler
+49 69 45009 1206
petra.czugler@celanese.com

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