Eastern Bankshares's latest dividend was on Jun 5, 2026 (ex-date) with a payout of $0.15 per share. On an annualized basis, the company has a current payout of $0.54 per share. This brings the dividend yield to 2.42% based on its recent close price. The latest dividend marks an increase of $0.02, or 15% from the prior distribution.
EBC has a dividend yield of 2.42% which is lower than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 2.55%, Eastern Bankshares's dividend yield is 5% lower. Historically EBC's dividend yield has averaged at 2.6% in the last 5 years, which is more than the current one.
Eastern Bankshares has been paying dividends since 2021. EBC has distributed four quarterly dividends in the past year. The annualized dividend per share marks an increase of 13% for the last twelve months. But with the price of the stock up by 39% from a year ago, the dividend yield has decreased by 19%.
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Jun 5, 2026 | $0.15 | 2.72% |
| Mar 6, 2026 | $0.13 | 2.74% |
| Dec 3, 2025 | $0.13 | 2.71% |
| Sep 3, 2025 | $0.13 | 2.94% |
| Jun 3, 2025 | $0.13 | 3.21% |
| Mar 3, 2025 | $0.12 | 2.59% |
| Dec 3, 2024 | $0.12 | 2.49% |
| Sep 3, 2024 | $0.11 | 2.63% |
| Jun 3, 2024 | $0.11 | 3.16% |
| Feb 29, 2024 | $0.11 | 3.25% |
| Nov 30, 2023 | $0.11 | 3.43% |
| Aug 31, 2023 | $0.1 | 2.97% |
| Jun 1, 2023 | $0.1 | 3.55% |
| Mar 2, 2023 | $0.1 | 2.58% |
| Dec 1, 2022 | $0.1 | 2.07% |
| Sep 1, 2022 | $0.1 | 1.96% |
| Jun 2, 2022 | $0.1 | 1.86% |
| Mar 2, 2022 | $0.1 | 1.58% |
| Dec 2, 2021 | $0.08 | 1.5% |
| Sep 2, 2021 | $0.08 | 1.14% |
| Jun 2, 2021 | $0.08 | 0.64% |
| Mar 2, 2021 | $0.06 | 0.33% |
EBC has a payout ratio of 29.8% which is lower than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 33.9%, Eastern Bankshares's payout ratio is 12% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NKSH National Bankshares Inc | 4.19% | $1.53 | 55.4% |
| EBC Eastern Bankshares Inc | 2.42% | $0.54 | 29.8% |
| NRIM Northrim Bancorp Inc | 2.36% | $0.64 | 21.8% |
Yes, Eastern Bankshares has been paying dividends for the last five years.
Eastern Bankshares's last dividend ex-date was on Jun 5, 2026. The dividend amount was $0.15 per share.
EBC's annualized dividend per share is $0.54.
The current dividend yield of Eastern Bankshares is 2.42%.
Eastern Bankshares pays dividends quarterly.
The dividend payout ratio of Eastern Bankshares is 29.8%.
Eastern Bankshares's dividend yield is less than the Financial Services sector average.
Special dividends are included in TTM DPS and yield.