GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Eastern Bankshares Inc (NAS:EBC) » Definitions » 3-Year Dividend Growth Rate

EBC (Eastern Bankshares) 3-Year Dividend Growth Rate : 14.50% (As of Dec. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Eastern Bankshares 3-Year Dividend Growth Rate?

Eastern Bankshares's Dividends per Share for the three months ended in Dec. 2024 was $0.12.

The historical rank and industry rank for Eastern Bankshares's 3-Year Dividend Growth Rate or its related term are showing as below:

EBC' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 14.5   Med: 14.5   Max: 14.5
Current: 14.5

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Eastern Bankshares was 14.50% per year. The lowest was 14.50% per year. And the median was 14.50% per year.

EBC's 3-Year Dividend Growth Rate is ranked better than
64.11% of 886 companies
in the Banks industry
Industry Median: 9 vs EBC: 14.50

During the past 12 months, Eastern Bankshares's average Dividends Per Share Growth Rate was 9.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 14.50% 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.

Eastern Bankshares's Dividend Payout Ratio for the three months ended in Dec. 2024 was 0.35. As of today, Eastern Bankshares's Dividend Yield % is 3.09%.

Good Sign:

Eastern Bankshares Inc stock Dividend Yield % is close to 1-year high.

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


Competitive Comparison of Eastern Bankshares's 3-Year Dividend Growth Rate

For the Banks - Regional subindustry, Eastern Bankshares's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Eastern Bankshares's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Eastern Bankshares's 3-Year Dividend Growth Rate falls into.


;
;

Eastern Bankshares 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

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.


Eastern Bankshares  (NAS:EBC) 3-Year Dividend Growth Rate 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 Dec. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2024 )/ EPS without NRI (Q: Dec. 2024 )
=0.12/ 0.34
=0.35

During the past 7 years, the highest Dividend Payout Ratio of Eastern Bankshares was 0.43. The lowest was 0.31. And the median was 0.37.

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 0.1200002025-03-032025-03-032025-03-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.1200002024-12-032024-12-032024-12-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.1100002024-09-032024-09-032024-09-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.1100002024-06-032024-06-032024-06-14Cash 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
=0.46/14.71
=3.13 %

Current Share Price is $14.71.
Eastern Bankshares's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.46.

During the past 7 years, the highest Dividend Yield of Eastern Bankshares was 3.67%. The lowest was 0.26%. And the median was 2.51%.

Good Sign:

Eastern Bankshares Inc stock Dividend Yield % is close to 1-year high.

* 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 3-Year Dividend Growth Rate Related Terms>


Eastern Bankshares Business Description

Traded in Other Exchanges
Address
125 High 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 one operating segment; Banking business which offers a range of banking lending, savings, and small business offerings, and its wealth management and trust operations.
Executives
Deborah C Jackson director C/O JOHN HANCOCK, 601 CONGRESS STREET, BOSTON MA 02210
Luis Borgen director 58 SUNSET RIDGE LANE, BOLTON MA 01740
Quincy Lee Miller officer: President 3 BEECHWOOD LANE, MILTON MA 02186
Bari A Harlam director C/O MOHAWK GROUP HOLDINGS, INC., 37 EAST 18TH STREET, 7TH FLOOR, NEW YORK NY 10003
Nancy Huntington Stager officer: Executive VP 42 AUTUMN LANE, READING MA 01867
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
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