Eastern Bankshares's latest dividend was on Mar 6, 2026 (ex-date) with a payout of $0.13 per share. On an annualized basis, the company has a current payout of $0.52 per share. This brings the dividend yield to 2.7% based on its recent close price.
EBC has a dividend yield of 2.7% which is lower than the Financial Services sector and the industry average. But if we consider the Financial Services sector average of 2.74%, Eastern Bankshares's dividend yield is only 1.5% lower. Historically EBC's dividend yield has averaged at 2.5% in the last 5 years, which is less than the current one.
Eastern Bankshares has been paying dividends since 2021. EBC has distributed three dividends in the past year. The annualized dividend per share marks an increase of 8% for the last twelve months. But with the price of the stock up by 29% from a year ago, the dividend yield has decreased by 16%.
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| 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 28.7% which is lower than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 33.7%, Eastern Bankshares's payout ratio is 15% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NKSH National Bankshares Inc | 4.38% | $1.53 | 55.4% |
| EBC Eastern Bankshares Inc | 2.59% | $0.52 | 28.7% |
| NRIM Northrim Bancorp Inc | 2.58% | $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 Mar 6, 2026. The dividend amount was $0.13 per share.
EBC's annualized dividend per share is $0.52.
The current dividend yield of Eastern Bankshares is 2.7%.
Eastern Bankshares pays dividends quarterly.
The dividend payout ratio of Eastern Bankshares is 28.7%.
Eastern Bankshares's dividend yield is in line with the Financial Services sector average.
Special dividends are included in TTM DPS and yield.