Eastern Bankshares's latest quarterly dividend was on Sep 1, 2022 (ex-date) with a payout of $0.1 per share. On an annualized basis, the company has a current payout of $0.38 per share. This brings the dividend yield to 1.99% based on its recent close price.
EBC has a dividend yield of 1.99% which is lower than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 2.68%, Eastern Bankshares's dividend yield is 26% lower.
EBC has distributed four quarterly dividends in the past year.
|Ex-date||Payment date||Declared on||Amount||Type|
|Sep 1, 2022||Sep 15, 2022||Jul 28, 2022||$0.1||normal|
|Jun 2, 2022||Jun 15, 2022||Apr 28, 2022||$0.1||normal|
|Mar 2, 2022||Mar 15, 2022||Jan 27, 2022||$0.1||normal|
|Dec 2, 2021||Dec 15, 2021||Oct 28, 2021||$0.08||normal|
|Sep 2, 2021||Sep 15, 2021||Jul 29, 2021||$0.08||normal|
|Jun 2, 2021||Jun 15, 2021||Apr 7, 2021||$0.08||normal|
|Mar 2, 2021||Mar 15, 2021||Jan 29, 2021||$0.06||normal|
EBC has a payout ratio of 33% which is higher than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 30.6%, Eastern Bankshares's payout ratio is 8% higher.
Eastern Bankshares has issued four dividends in the last twelve months.
EBC's next dividend date is Dec 1, 2022 (ex-date).
Eastern Bankshares's last dividend ex-date was on Sep 1, 2022. The dividend amount was $0.1 per share.
EBC's annualized dividend per share is $0.38.
The current dividend yield of Eastern Bankshares is 1.99%.
Eastern Bankshares pays dividends quarterly.
The dividend payout ratio of Eastern Bankshares is 33%.
Eastern Bankshares's dividend yield is less than the Financial Services sector average.