Celanese Corp (CE) will raise its quarterly dividend by 20 percent to $0.36 per share in 2016. This marks the seventh year of dividend increases by the company. Last year the dividend was also hiked by 20 percent.

Celanese Corporation is a technology company specialized in the production of differentiated chemistry solutions and specialty materials used in most major industries and consumer applications. It's segments include Advanced Engineered Materials, Consumer Specialties, Industrial Specialties, Acetyl Intermediates and Other Activities. Celanese has operations in North America, Europe and Asia.