EBC Eastern Bankshares dividend history, payout ratio & dates

?
Relative Growth: Rel. Growth: 96
Relative Strength: Rel. Strength: 67
Relative Valuation: Rel. Valuation: 85
Relative Profitability: Rel. Profitability: 94

Last dividend date: Jun 5, 2026

Dividend yield: 2.42%

Payout ratio: 29.8%

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 dividend stats
DPS
$0.54
Dividend yield
2.42%
Payout ratio
29.8%
vs. Financial Services sector
Dividend yield
2.55%
Payout ratio
33.9%

Eastern Bankshares Dividend yield

What is Eastern Bankshares current dividend yield

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.

EBC Dividend history

What is EBC dividend payout history and dates

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%.

Eastern Bankshares Dividend history chart

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%

Eastern Bankshares dividend payout ratio

What is Eastern Bankshares dividend payout ratio compared to the sector

Payout ratio

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.

Total amount of dividends paid per financial year (from cash flow)

EBC dividend vs peer dividends

How does EBC dividend compare to its peers' dividends
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%

Frequently asked questions

Does Eastern Bankshares pay a dividend?

Yes, Eastern Bankshares has been paying dividends for the last five years.

When was EBC's last dividend?

Eastern Bankshares's last dividend ex-date was on Jun 5, 2026. The dividend amount was $0.15 per share.

How much dividend does Eastern Bankshares pay (per share)?

EBC's annualized dividend per share is $0.54.

What is Eastern Bankshares's dividend yield?

The current dividend yield of Eastern Bankshares is 2.42%.

How often does Eastern Bankshares pay dividends?

Eastern Bankshares pays dividends quarterly.

What is Eastern Bankshares's dividend payout ratio?

The dividend payout ratio of Eastern Bankshares is 29.8%.

Does Eastern Bankshares pay a good dividend?

Eastern Bankshares's dividend yield is less than the Financial Services sector average.

Special dividends are included in TTM DPS and yield.