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.
|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
Upcoming Dividend Payment
Dividend Yield vs Market
|Eastern Bankshares Dividend Yield vs Market|
|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 (%)|
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.