Eastern Bankshares's latest quarterly dividend was on Nov 30, 2023 (ex-date) with a payout of $0.11 per share. On an annualized basis, the company has a current payout of $0.41 per share. This brings the dividend yield to 3.19% based on its recent close price. The latest dividend marks an increase of $0.01, or 10% from the prior distribution.
EBC has a dividend yield of 3.19% which is lower than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 3.38%, Eastern Bankshares's dividend yield is 6% lower.
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 2.5% for the last twelve months. And with the price of the stock down by 32% from a year ago, the dividend yield marks an increase of 51%.
|Ex-date||Payment date||Declared on||Amount||Type|
|Nov 30, 2023||Dec 15, 2023||Oct 26, 2023||$0.11||normal|
|Aug 31, 2023||Sep 15, 2023||Jul 27, 2023||$0.1||normal|
|Jun 1, 2023||Jun 15, 2023||Apr 27, 2023||$0.1||normal|
|Mar 2, 2023||Mar 15, 2023||Jan 26, 2023||$0.1||normal|
|Dec 1, 2022||Dec 15, 2022||Oct 27, 2022||$0.1||normal|
|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|
|Name||Dividend yield||DPS||Payout ratio|
|NKSH National Bankshares Inc||5.51%||$1.51||43%|
|EBC Eastern Bankshares Inc||3.17%||$0.41||N/A|
Yes, Eastern Bankshares has been paying dividends for the last two years.
At this point we don't have a record of EBC's next dividend date, but based on the current dividend schedule we project that it will likely be in February 2024.
Eastern Bankshares's last dividend ex-date was on Nov 30, 2023. The dividend amount was $0.11 per share.
EBC's annualized dividend per share is $0.41.
The current dividend yield of Eastern Bankshares is 3.19%.
Eastern Bankshares pays dividends quarterly.
Eastern Bankshares's dividend yield is less than the Financial Services sector average.