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DALLAS - Celanese Corporation (NYSE:CE), a global chemical and specialty materials company, has declared a quarterly cash dividend of $0.03 per share on its common stock, according to a press release statement issued by the company. According to InvestingPro data, the company has maintained dividend payments for 21 consecutive years, though the current yield stands at 0.21%.
The dividend will be payable on August 11, 2025, to stockholders of record as of July 29, 2025.
Celanese, a Fortune 500 company, reported net sales of $10.3 billion in 2024 and employs more than 11,000 people worldwide. The company produces specialty material solutions used across major industries and consumer applications.
The chemical manufacturer focuses on creating value for customers, employees, and shareholders through its chemistry, technology, and commercial expertise. Celanese also emphasizes sustainability through responsible materials management and expanding its portfolio of sustainable products. With 7 additional exclusive tips available on InvestingPro, investors can gain deeper insights into Celanese’s financial health and growth potential.
In other recent news, Celanese Corporation has been the focus of several analyst reports and corporate developments. RBC Capital has raised its price target on Celanese to $63, maintaining a Sector Perform rating, citing a somewhat improved outlook for fiscal year 2025 despite concerns about automotive builds. Wells Fargo upgraded Celanese from Equal Weight to Overweight, increasing its price target to $66, attributing this to potential cost savings and reduced maintenance requirements. BMO Capital also upgraded Celanese, moving its rating from Underperform to Market Perform, with a new price target of $55, due to a perceived shift in the risk-reward balance and expectations of near-term asset sales benefiting the balance sheet.
KeyBanc Capital Markets raised its price target for Celanese to $76, maintaining an Overweight rating, following the company’s first-quarter performance that showed progress in cost reduction and potential divestment gains. In addition to these analyst activities, Celanese announced changes to its corporate governance documents, including the removal of supermajority voting requirements, following shareholder approval. These changes were detailed in an 8-K filing with the SEC. The company’s recent strategic moves and analyst evaluations indicate a cautiously optimistic outlook for its near-term prospects. Investors will be watching how these developments impact Celanese’s financial health and stock valuation.
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