Eastern Dividends and Buybacks
Dividend criteria checks 3/6
Eastern is a dividend paying company with a current yield of 1.56% that is well covered by earnings. Next payment date is on 13th December, 2024 with an ex-dividend date of 15th November, 2024.
Key information
1.6%
Dividend yield
1.4%
Buyback Yield
| Total Shareholder Yield | 2.9% |
| Future Dividend Yield | n/a |
| Dividend Growth | -3.2% |
| Next dividend pay date | 13 Dec 24 |
| Ex dividend date | 15 Nov 24 |
| Dividend per share | €0.405 |
| Payout ratio | 22% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: EAQ's dividends per share have been stable in the past 10 years.
Growing Dividend: EAQ's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
| Eastern Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (EAQ) | 1.6% |
| Market Bottom 25% (DE) | 1.8% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Machinery) | 3.5% |
| Analyst forecast (EAQ) (up to 3 years) | n/a |
Notable Dividend: EAQ's dividend (1.56%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: EAQ's dividend (1.56%) is low compared to the top 25% of dividend payers in the German market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.9%), EAQ's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (45.2%), EAQ's dividend payments are well covered by cash flows.