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Eastern Bankshares (Eastern Bankshares) Dividends per Share : $0.42 (TTM As of Mar. 2024)


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What is Eastern Bankshares Dividends per Share?

Eastern Bankshares's dividends per share for the three months ended in Mar. 2024 was $0.11. Its dividends per share for the trailing twelve months (TTM) ended in Mar. 2024 was $0.42. Its Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.48. As of today, Eastern Bankshares's Dividend Yield % is 2.95%.

Warning Sign:

Eastern Bankshares Inc stock dividend yield is close to 1-year low.

During the past 12 months, Eastern Bankshares's average Dividends Per Share Growth Rate was 5.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

For more information regarding to dividend, please check our Dividend Page.


Eastern Bankshares Dividends per Share Historical Data

The historical data trend for Eastern Bankshares's Dividends per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Eastern Bankshares Dividends per Share Chart

Eastern Bankshares Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividends per Share
Get a 7-Day Free Trial - - 0.30 0.40 0.41

Eastern Bankshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividends per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 0.10 0.10 0.11 0.11

Competitive Comparison of Eastern Bankshares's Dividends per Share

For the Banks - Regional subindustry, Eastern Bankshares's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Eastern Bankshares's Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Eastern Bankshares's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Eastern Bankshares's Dividend Yield % falls into.



Eastern Bankshares Dividends per Share Calculation

Dividends paid to per common share.


Eastern Bankshares  (NAS:EBC) Dividends per Share Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Eastern Bankshares's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.11/ 0.23
=0.48

During the past 6 years, the highest Dividend Payout Ratio of Eastern Bankshares was 0.45. The lowest was 0.31. And the median was 0.33.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Eastern Bankshares Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1100002024-02-292024-03-012024-03-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1100002023-11-302023-12-012023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1000002023-08-312023-09-012023-09-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1000002023-06-012023-06-022023-06-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.


Eastern Bankshares's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.42/14.25
=2.95 %

Current Share Price is $14.25.
Eastern Bankshares's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.42.

During the past 6 years, the highest Dividend Yield of Eastern Bankshares was 3.67%. The lowest was 0.26%. And the median was 1.94%.

Warning Sign:

Eastern Bankshares Inc stock dividend yield is close to 1-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Eastern Bankshares Dividends per Share Related Terms

Thank you for viewing the detailed overview of Eastern Bankshares's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Eastern Bankshares (Eastern Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
265 Franklin Street, Boston, MA, USA, 02110
Eastern Bankshares Inc is a commercial bank that caters its products and services to retail, commercial, and small business customers. Its diversified products and services include lending, deposit, wealth management, and insurance products. The company has two operating segments; Banking business offers a range of commercial, retail, wealth management, and banking services, and consists of attracting deposits from the general public and investing those deposits, together with borrowings and funds generated from operations and the Insurance agency business segment consist of insurance-related activities, acting as an independent agent in offering commercial, personal and employee benefits insurance products to individual and commercial clients.
Executives
Nancy Huntington Stager officer: Executive VP 42 AUTUMN LANE, READING MA 01867
Quincy Lee Miller officer: President 3 BEECHWOOD LANE, MILTON MA 02186
Linda Marie Williams director C/O SMILEDIRECTCLUB, INC., 414 UNION STREET, NASHVILLE TN 37219
Marisa Harney director C/O CIT GROUP INC., 1 CIT DRIVE, #3251-9, LIVINGSTON NJ 07039
Gregory Paul Buscone officer: EVP Sr Commercial Banking Ofcr 86 PINE STREET, MEDFIELD MA 02052
Deborah C Jackson director C/O JOHN HANCOCK, 601 CONGRESS STREET, BOSTON MA 02210
Bari A Harlam director C/O MOHAWK GROUP HOLDINGS, INC., 37 EAST 18TH STREET, 7TH FLOOR, NEW YORK NY 10003
Luis Borgen director 58 SUNSET RIDGE LANE, BOLTON MA 01740
Shell Greg Allen Sr. director 200 CLARENDON STREET, BOSTON MA 02116
James Burke Fitzgerald officer: Chief Financial Officer 108 MOUNT VERNON STREET, APARTMENT 6, BOSTON MA 02108
Sujata Yadav officer: EVP, Chief Marketing Officer 19 ORCHARD LANE, LYNNFIELD MA 01940
Matthew Adam Osborne officer: EVP Sr Commercial Banking Ofcr 11 RAVEN ROAD, CANTON MA 02021
Martha A Dean officer: EVP, Dir. of Operations C/O CNB FINANCIAL CORP., P.O. BOX 830, WORCESTER MA 01613-0830
Daniel J Sullivan officer: Chief Credit Officer 4 KENSINGTON AVENUE, READING MA 01867
Kathleen Cloherty Henry officer: Executive VP, General Counsel 58 MONTCLAIR AVENUE, WEST ROXBURY MA 02132

Eastern Bankshares (Eastern Bankshares) Headlines

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