Eastman Chemical’s (EMN) Innovation in Sustainability Boosts its Spot Among Safest High Dividend Stocks

Group 1 - Eastman Chemical Company is recognized as one of the 10 Safest High Dividend Stocks to buy, highlighting its strong financial stability and commitment to sustainability [1][2] - The company is focusing on advanced recycling technologies, such as Carbon Renewal Technology (CRT) and Polyester Renewal Technology (PRT), to address the global plastic waste challenge, which sees only a small fraction of the 360 million metric tons recycled annually [2] - Eastman is investing in new recycling plants in Tennessee, Texas, and France, including the world's largest methanolysis facility in Kingsport, Tennessee, expected to generate over $500 million in EBITDA by 2029 [3] Group 2 - Eastman Chemical offers a quarterly dividend of $0.83 per share, resulting in a dividend yield of 5.10% as of September 20, and has consistently raised its dividends for 15 consecutive years [4]