Eastern's most recent quarterly dividend payment of $0.11 per share was made to shareholders on record before May 14, 2024. The payout stands at $0.44 per share annually, which works out to a dividend yield of 1.48%.
Eastern's dividend yield of 1.48% is higher than the Industrials sector average but lower than the industry average. If we compare it with the Industrials sector average of 1.4%, Eastern's dividend yield is 6% higher. The current dividend yield is less than the historical average of 2.0% of the last 5 years.
Eastern has been paying dividends for the last 30 years. According to our data EML has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed for the last year. However since the stock price has gone up by 62% from a year ago, the dividend yield has decreased by 38%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
May 14, 2024 | Jun 17, 2024 | Apr 25, 2024 | $0.11 | normal |
Feb 14, 2024 | Mar 15, 2024 | Feb 5, 2024 | $0.11 | normal |
Nov 14, 2023 | Dec 15, 2023 | Oct 31, 2023 | $0.11 | normal |
Aug 14, 2023 | Sep 15, 2023 | Aug 1, 2023 | $0.11 | normal |
May 12, 2023 | Jun 15, 2023 | Apr 27, 2023 | $0.11 | normal |
Feb 14, 2023 | Mar 15, 2023 | Feb 7, 2023 | $0.11 | normal |
Nov 14, 2022 | Dec 15, 2022 | Nov 2, 2022 | $0.11 | normal |
Aug 12, 2022 | Sep 15, 2022 | Jul 28, 2022 | $0.11 | normal |
May 12, 2022 | Jun 15, 2022 | Apr 27, 2022 | $0.11 | normal |
Feb 28, 2022 | Mar 15, 2022 | Feb 9, 2022 | $0.11 | normal |
Nov 12, 2021 | Dec 15, 2021 | Nov 2, 2021 | $0.11 | normal |
Aug 12, 2021 | Sep 15, 2021 | Aug 6, 2021 | $0.11 | normal |
May 11, 2021 | Jun 15, 2021 | Apr 28, 2021 | $0.11 | normal |
Feb 26, 2021 | Mar 15, 2021 | Feb 8, 2021 | $0.11 | normal |
Nov 17, 2020 | Dec 15, 2020 | Nov 2, 2020 | $0.11 | normal |
Aug 13, 2020 | Sep 15, 2020 | Jul 31, 2020 | $0.11 | normal |
May 14, 2020 | Jun 15, 2020 | May 1, 2020 | $0.11 | normal |
Feb 28, 2020 | Mar 16, 2020 | Feb 11, 2020 | $0.11 | normal |
Nov 15, 2019 | Dec 16, 2019 | Nov 1, 2019 | $0.11 | normal |
Aug 16, 2019 | Sep 16, 2019 | Aug 8, 2019 | $0.11 | normal |
May 14, 2019 | Jun 14, 2019 | May 2, 2019 | $0.11 | normal |
Feb 28, 2019 | Mar 15, 2019 | Feb 6, 2019 | $0.11 | normal |
Nov 13, 2018 | Dec 14, 2018 | Nov 1, 2018 | $0.11 | normal |
Aug 14, 2018 | Sep 14, 2018 | Aug 2, 2018 | $0.11 | normal |
May 15, 2018 | Jun 15, 2018 | May 2, 2018 | $0.11 | normal |
Feb 28, 2018 | Mar 15, 2018 | Feb 8, 2018 | $0.11 | normal |
Nov 14, 2017 | Dec 15, 2017 | Nov 3, 2017 | $0.11 | normal |
Aug 14, 2017 | Sep 15, 2017 | Aug 2, 2017 | $0.11 | normal |
May 15, 2017 | Jun 15, 2017 | May 3, 2017 | $0.11 | normal |
Feb 27, 2017 | Mar 15, 2017 | Feb 8, 2017 | $0.11 | normal |
Nov 14, 2016 | Dec 15, 2016 | Nov 3, 2016 | $0.11 | normal |
Aug 15, 2016 | Sep 15, 2016 | Jul 28, 2016 | $0.11 | normal |
Eastern's payout ratio of 27.7% is below the Industrials sector and the industry average. Compared to its Industrials sector average of 32.2%, Eastern's payout ratio is 14% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
NL Nl Industries Inc | 4.7% | $0.3 | 130.4% |
CIX Compx International Inc | 4.34% | $1.1 | 66.3% |
SWK Stanley Black & Decker Inc | 3.4% | $3.24 | N/A |
EML Eastern Co | 1.48% | $0.44 | 27.7% |
MLI Mueller Industries Inc | 1% | $0.7 | 14.2% |
Yes, Eastern has been paying dividends for the last 30 years.
EML hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in August 2024.
Eastern's last regular dividend was on May 14, 2024 (ex-date) with the amount of $0.11 per share.
EML's annualized dividend per share is $0.44.
Eastern's current dividend yield is 1.48%.
Eastern pays four dividends per year.
The dividend payout ratio of Eastern is 27.7%.
Eastern's dividend yield is more than the Industrials sector average.