Celanese Corporation (NYSE:CE) Plans Quarterly Dividend of $0.03

Celanese Corporation (NYSE:CE) declared a quarterly dividend on Thursday, July 16th. Shareholders of record on Tuesday, July 28th will be given a dividend of 0.03 per share by the basic materials company on Monday, August 10th. This represents a c) annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Tuesday, July 28th.

Celanese has decreased its dividend payment by an average of 0.5%annually over the last three years. Celanese has a payout ratio of 1.7% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Celanese to earn $6.38 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 Stock Performance

CE opened at $47.25 on Thursday. The company has a market cap of $5.18 billion, a PE ratio of -4.72, a price-to-earnings-growth ratio of 0.27 and a beta of 0.76. The stock has a 50-day moving average of $51.68 and a 200-day moving average of $53.84. Celanese has a 52-week low of $35.13 and a 52-week high of $70.70. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.85 and a current ratio of 1.38.

Celanese (NYSE:CE) last issued its quarterly earnings data on Tuesday, May 5th. The basic materials company reported $0.85 earnings per share for the quarter, missing analysts’ consensus estimates of $0.88 by ($0.03). Celanese had a negative net margin of 11.54% and a positive return on equity of 9.92%. The company had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.34 billion. During the same period in the previous year, the business posted $0.57 earnings per share. The firm’s revenue was down 2.2% on a year-over-year basis. Celanese has set its Q2 2026 guidance at 2.000-2.400 EPS. As a group, equities research analysts forecast that Celanese will post 6.06 earnings per share for the current fiscal year.

Celanese Company Profile

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.