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 yield6.2%
Next dividend pay date15 Jun 23
Ex dividend date01 Jun 23
Dividend per share€0.40
Earnings per share-€0.28
Dividend yield forecast in 3Y3.9%

Recent dividend updates

Recent updates

Upcoming Dividend Payment

TodayMay 22 2023Ex Dividend DateJun 01 2023Dividend Pay DateJun 15 202314 days from Ex DividendBuy in the next 9 days to receive the upcoming dividend

Dividend Yield vs Market

Eastern Bankshares Dividend Yield vs Market
How does EB0 dividend yield compare to the market?
SegmentDividend 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

How stable has Eastern Bankshares's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
12/31/20240.453.9%
12/31/20230.43.5%
5/22/20230.43.4%
1/27/20230.43.1%
10/29/20220.42.2%
7/30/20220.42%
4/30/20220.42.1%
1/29/20220.41.9%
1/27/20220.42%
10/30/20210.321.5%
10/28/20210.321.5%
4/8/20210.321.6%
3/29/20210.241.2%
1/29/20210.241.4%

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.


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