Eastern Bankshares Dividend
Dividend criteria checks 1/6
Eastern Bankshares is a dividend paying company with a current yield of 3.4% that is well covered by earnings. Next payment date is on 15 Jun 2023 with an ex-dividend date of 01 Jun 2023.
Key information
3.4%
Dividend yield
-143%
Payout ratio
| Industry average yield | 6.2% |
| Next dividend pay date | 15 Jun 23 |
| Ex dividend date | 01 Jun 23 |
| Dividend per share | €0.40 |
| Earnings per share | -€0.28 |
| Dividend yield forecast in 3Y | 3.9% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Dividend Yield vs Market
| Eastern Bankshares Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (EB0) | 3.4% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.7% |
| Industry Average (Banks) | 6.2% |
| Analyst forecast in 3 Years (EB0) | 3.9% |
Notable Dividend: EB0's dividend (3.43%) is higher than the bottom 25% of dividend payers in the German market (1.56%).
High Dividend: EB0's dividend (3.43%) is low compared to the top 25% of dividend payers in the German market (4.7%).
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 12/31/2024 | 0.45 | 3.9% |
| 12/31/2023 | 0.4 | 3.5% |
| 5/22/2023 | 0.4 | 3.4% |
| 1/27/2023 | 0.4 | 3.1% |
| 10/29/2022 | 0.4 | 2.2% |
| 7/30/2022 | 0.4 | 2% |
| 4/30/2022 | 0.4 | 2.1% |
| 1/29/2022 | 0.4 | 1.9% |
| 1/27/2022 | 0.4 | 2% |
| 10/30/2021 | 0.32 | 1.5% |
| 10/28/2021 | 0.32 | 1.5% |
| 4/8/2021 | 0.32 | 1.6% |
| 3/29/2021 | 0.24 | 1.2% |
| 1/29/2021 | 0.24 | 1.4% |
Stable Dividend: Whilst dividend payments have been stable, EB0 has been paying a dividend for less than 10 years.
Growing Dividend: EB0's dividend payments have increased, but the company has only paid a dividend for 2 years.
Current Payout to Shareholders
Earnings Coverage: EB0 is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.