NASDAQ · Dividend

Eastern Bankshares, Inc. (EBC) Dividend

$22.40 NASDAQ: EBC Market Cap $5.12B

Metric	Value
Dividend Yield	2.79%
Indicated Annual Dividend	$0.62
Payout Ratio	34.04%
FCF Yield	—
Current Price	$22.40

Dividend Analysis

Eastern Bankshares, Inc. (EBC) currently pays a dividend yielding 2.79%, an indicated annual rate of roughly $0.62 per share. The payout ratio is 34.04%, meaning less than 40% of reported earnings were paid out as dividends.

Eastern Bankshares, Inc. pays quarterly; the payout ratio is 34.0% of earnings; free cash flow yield of 0.00% is below the 2.79% dividend yield, so the dividend is not fully covered by free cash flow at the current price.

Payment schedule

Measure	Value
Indicated annual dividendYield times the current share price.	$0.62
Dividend yieldAnnual dividend as a percentage of the share price.	2.79%
Payments per yearThis stock pays quarterly.	4
Amount per paymentIndicated annual dividend divided by the number of payments.	$0.16

Dividend income by amount invested

At today's price and the current indicated dividend. Shares are not rounded to whole numbers, and a future dividend is never guaranteed.

Invested	Shares	Income per year	Per payment
$1,000	44.6	$27.90	$6.98
$5,000	223.2	$139.50	$34.88
$10,000	446.4	$279.00	$69.75
$25,000	1116.1	$697.50	$174.38
$50,000	2232.1	$1395.00	$348.75

Yield across the 52-week range

Yield moves opposite the share price. Holding the current dividend constant, this is what the yield would have been at each end of the last year's range.

Share price	Price	Yield
At the 52-week high	$23.78	2.63%
Today	$22.40	2.79%
At the 52-week low	$16.61	3.76%

Dividend yield against peers

Eastern Bankshares, Inc. ranks 3 of 6 by dividend yield among these companies; 2 yield more.

Company	Yield	P/E	Price
Atlantic Union Bankshares Corporation (AUB)	3.81%	11.59	$39.89
Home BancShares, Inc. (HOMB)	3.20%	11.77	$30.10
Eastern Bankshares, Inc. (EBC)	2.79%	12.20	$22.40
First Financial Bankshares, Inc. (FFIN)	2.74%	17.10	$30.17
East West Bancorp, Inc. (EWBC)	2.52%	12.16	$131.19
International Bancshares Corporation (IBOC)	2.09%	10.53	$66.01