EQB Dividend
Dividend criteria checks 5/6
EQB is a dividend paying company with a current yield of 1.97% that is well covered by earnings. Next payment date is on 30th September, 2024 with an ex-dividend date of 13th September, 2024.
Key information
2.0%
Dividend yield
11%
Payout ratio
| Industry average yield | 4.5% |
| Next dividend pay date | 30 Sep 24 |
| Ex dividend date | 13 Sep 24 |
| Dividend per share | CA$1.880 |
| Earnings per share | CA$11.40 |
| Dividend yield forecast | 2.6% |
Recent dividend updates
EQB's (TSE:EQB) Dividend Will Be Increased To CA$0.47
Sep 02
EQB (TSE:EQB) Will Pay A Larger Dividend Than Last Year At CA$0.42
Mar 05EQB (TSE:EQB) Is Increasing Its Dividend To CA$0.40
Dec 14Recent updates
EQB's (TSE:EQB) Dividend Will Be Increased To CA$0.47
Sep 02Do EQB's (TSE:EQB) Earnings Warrant Your Attention?
Jun 30EQB (TSE:EQB) Will Pay A Larger Dividend Than Last Year At CA$0.42
Mar 05EQB (TSE:EQB) Is Increasing Its Dividend To CA$0.40
Dec 14Do EQB's (TSE:EQB) Earnings Warrant Your Attention?
Dec 07EQB's (TSE:EQB) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 28EQB's (TSE:EQB) Upcoming Dividend Will Be Larger Than Last Year's
Aug 05EQB (TSE:EQB) Has Announced That It Will Be Increasing Its Dividend To CA$0.37
May 22EQB's (TSE:EQB) Dividend Will Be Increased To CA$0.37
May 06EQB's (TSE:EQB) Upcoming Dividend Will Be Larger Than Last Year's
Feb 24EQB (TSE:EQB) Is Increasing Its Dividend To CA$0.33
Nov 29EQB's (TSE:EQB) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 13Do EQB's (TSE:EQB) Earnings Warrant Your Attention?
Jun 30With EPS Growth And More, Equitable Group (TSE:EQB) Is Interesting
Mar 07Should You Be Adding Equitable Group (TSE:EQB) To Your Watchlist Today?
Dec 06Equitable Group's (TSE:EQB) Dividend Will Be CA$0.37
Sep 03Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: EQB's dividends per share have been stable in the past 10 years.
Growing Dividend: EQB's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| EQB Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (EQB) | 2.0% |
| Market Bottom 25% (CA) | 1.7% |
| Market Top 25% (CA) | 6.0% |
| Industry Average (Banks) | 4.5% |
| Analyst forecast (EQB) (up to 3 years) | 2.6% |
Notable Dividend: EQB's dividend (1.97%) is higher than the bottom 25% of dividend payers in the Canadian market (1.72%).
High Dividend: EQB's dividend (1.97%) is low compared to the top 25% of dividend payers in the Canadian market (6.04%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.4%), EQB's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: EQB's dividends in 3 years are forecast to be well covered by earnings (18% payout ratio).