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

Celanese Corporation (NYSE:CEGet Free Report) announced a quarterly dividend on Wednesday, April 15th. Shareholders of record on Monday, April 27th will be given a dividend of 0.03 per share by the basic materials company on Monday, May 11th. This represents a c) annualized dividend and a yield of 0.2%. The ex-dividend date is Monday, April 27th.

Celanese has decreased its dividend by an average of 0.5%annually over the last three years. Celanese has a payout ratio of 1.7% meaning its dividend is sufficiently covered by earnings. Analysts expect Celanese to earn $10.10 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 1.2%.

Celanese Trading Down 0.6%

Shares of CE opened at $64.70 on Thursday. Celanese has a fifty-two week low of $35.13 and a fifty-two week high of $68.64. The company has a market capitalization of $7.09 billion, a PE ratio of -6.10, a price-to-earnings-growth ratio of 0.47 and a beta of 0.85. The stock has a fifty day moving average of $57.84 and a two-hundred day moving average of $47.67. The company has a debt-to-equity ratio of 2.55, a quick ratio of 0.94 and a current ratio of 1.55.

Celanese (NYSE:CEGet Free Report) last posted its quarterly earnings data on Tuesday, February 17th. The basic materials company reported $0.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.89 by ($0.22). Celanese had a positive return on equity of 8.75% and a negative net margin of 12.15%.The business had revenue of $2.20 billion for the quarter, compared to analyst estimates of $2.25 billion. During the same quarter last year, the business earned $1.45 EPS. Celanese’s revenue for the quarter was down 6.5% compared to the same quarter last year. Celanese has set its Q1 2026 guidance at 0.700-0.850 EPS. As a group, analysts forecast that Celanese will post 8.79 EPS for the current year.

Institutional Trading of Celanese

Institutional investors have recently modified their holdings of the company. Vanguard Group Inc. increased its position in Celanese by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 11,840,341 shares of the basic materials company’s stock worth $500,610,000 after purchasing an additional 90,428 shares in the last quarter. Capital Research Global Investors lifted its position in Celanese by 24.0% during the fourth quarter. Capital Research Global Investors now owns 5,565,556 shares of the basic materials company’s stock valued at $235,312,000 after buying an additional 1,076,645 shares in the last quarter. Turtle Creek Asset Management Inc. grew its stake in Celanese by 21.0% during the third quarter. Turtle Creek Asset Management Inc. now owns 5,115,365 shares of the basic materials company’s stock worth $215,255,000 after buying an additional 887,600 shares during the period. Fuller & Thaler Asset Management Inc. grew its stake in Celanese by 15.8% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 4,094,781 shares of the basic materials company’s stock worth $173,127,000 after buying an additional 558,391 shares during the period. Finally, State Street Corp increased its position in shares of Celanese by 2.1% in the fourth quarter. State Street Corp now owns 3,949,230 shares of the basic materials company’s stock worth $166,973,000 after acquiring an additional 80,242 shares in the last quarter. Hedge funds and other institutional investors own 98.87% of the company’s stock.

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.

Featured Articles

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.