Eastern Michigan Financial Dividend
Dividend criteria checks 4/6
Eastern Michigan Financial is a dividend paying company with a current yield of 5.2% that is well covered by earnings.
Key information
5.2%
Dividend yield
33%
Payout ratio
Industry average yield | 3.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | US$1.600 |
Earnings per share | US$4.86 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: EFIN's dividend payments have been volatile in the past 10 years.
Growing Dividend: EFIN's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Eastern Michigan Financial Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (EFIN) | 5.2% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.5% |
Industry Average (Banks) | 3.0% |
Analyst forecast in 3 Years (EFIN) | n/a |
Notable Dividend: EFIN's dividend (5.2%) is higher than the bottom 25% of dividend payers in the US market (1.47%).
High Dividend: EFIN's dividend (5.2%) is in the top 25% of dividend payers in the US market (4.49%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.6%), EFIN's dividend payments are well covered by earnings.
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.