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
How does EB0 dividend yield compare to the 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
How stable has Eastern Bankshares's dividend per share been in the past?
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.