Eastern Housing Dividend
Dividend criteria checks 3/6
Eastern Housing is a dividend paying company with a current yield of 2.93% that is well covered by earnings. Next payment date is on 1st December, 2024 with an ex-dividend date of 6th October, 2024.
Key information
2.9%
Dividend yield
34%
Payout ratio
| Industry average yield | 3.3% |
| Next dividend pay date | 01 Dec 24 |
| Ex dividend date | 06 Oct 24 |
| Dividend per share | ৳1.900 |
| Earnings per share | ৳7.26 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: EHL's dividend payments have been volatile in the past 10 years.
Growing Dividend: EHL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Eastern Housing Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (EHL) | 2.9% |
| Market Bottom 25% (BD) | 1.3% |
| Market Top 25% (BD) | 4.4% |
| Industry Average (Real Estate) | 3.3% |
| Analyst forecast (EHL) (up to 3 years) | n/a |
Notable Dividend: EHL's dividend (2.93%) is higher than the bottom 25% of dividend payers in the BD market (1.27%).
High Dividend: EHL's dividend (2.93%) is low compared to the top 25% of dividend payers in the BD market (4.36%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.4%), EHL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: EHL is paying a dividend but the company has no free cash flows.