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The Eastern Company designs, manufactures, and sells engineered solutions to industrial markets in the United States and internationally. It offers turnkey returnable packaging solutions that are used in the assembly process of vehicles, aircraft, and durable goods, as well as in the production process of plastic packaging products, packaged consumer goods, and pharmaceuticals; designs and manufactures blow mold tools and injection blow mold tooling products, and 2-step stretch blow molds and related components; and supplies blow molds and change parts to the food, beverage, healthcare, and chemical industry. It also offers rotary latches, compression latches, draw latches, hinges, camlocks, key switches, padlocks, and handles, as well as development and program management services for custom electromechanical and mechanical systems; designs and manufactures proprietary vision technology for original equipment manufacturers (OEMs) and aftermarket applications; and provides aftermarket components to the heavy-duty truck market. The Eastern Company was founded in 1858 and is based in Naugatuck, Connecticut.

Eastern Dividend Announcement

Eastern announced a quarterly dividend of $0.11 per ordinary share which will be made payable on 2024-12-13. Ex dividend date: 2024-11-15
Eastern annual dividend for 2024 was $0.44
Eastern annual dividend for 2023 was $0.44
Eastern's trailing twelve-month (TTM) dividend yield is 1.52%
Eastern's payout ratio for the trailing twelve months (TTM) is -13.41%
Eastern's dividend growth over the last ten years (2013-2023) was 0.47% year

Eastern Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-15$0.11quarterly2024-12-13
2024-08-15$0.11quarterly2024-09-13
2024-05-14$0.11quarterly2024-06-17
2024-02-14$0.11quarterly2024-03-15
2023-11-14$0.11quarterly2023-12-15
2023-08-14$0.11quarterly2023-09-15
2023-05-12$0.11quarterly2023-06-15
2023-02-14$0.11quarterly2023-03-15
2022-11-14$0.11quarterly2022-12-15
2022-08-12$0.11quarterly2022-09-15
2022-05-12$0.11quarterly2022-06-15
2022-02-28$0.11quarterly2022-03-15
2021-11-12$0.11quarterly2021-12-15
2021-08-12$0.11quarterly2021-09-15
2021-05-11$0.11quarterly2021-06-15
2021-02-26$0.11quarterly2021-03-15
2020-11-17$0.11quarterly2020-12-15
2020-08-13$0.11quarterly2020-09-15
2020-05-14$0.11quarterly2020-06-15
2020-02-28$0.11quarterly2020-03-16
2019-11-15$0.11quarterly2019-12-16
2019-08-16$0.11quarterly2019-09-16
2019-05-14$0.11quarterly2019-06-14
2019-02-28$0.11quarterly2019-03-15
2018-11-13$0.11quarterly2018-12-14
2018-08-14$0.11quarterly2018-09-14
2018-05-15$0.11quarterly2018-06-15
2018-02-28$0.11quarterly2018-03-15
2017-11-14$0.11quarterly2017-12-15
2017-08-14$0.11quarterly2017-09-15
2017-05-15$0.11quarterly2017-06-15
2017-02-27$0.11quarterly2017-03-15
2016-11-14$0.11quarterly2016-12-15
2016-08-15$0.11quarterly2016-09-15
2016-05-16$0.11quarterly2016-06-15
2016-02-22$0.11quarterly2016-03-15
2015-11-16$0.11quarterly2015-12-15
2015-08-17$0.12quarterly2015-09-15
2015-05-18$0.11quarterly2015-06-15
2015-02-19$0.11quarterly2015-03-16
2014-11-17$0.11quarterly2014-12-15
2014-08-18$0.15quarterly2014-09-15
2014-05-19$0.11quarterly2014-06-16
2014-02-14$0.11quarterly2014-03-14
2013-11-18$0.11quarterly2013-12-16
2013-08-19$0.11quarterly2013-09-16
2013-05-20$0.10quarterly2013-06-14
2013-02-15$0.10quarterly2013-03-15

Eastern Dividend per year

Eastern Dividend growth

Eastern Dividend Yield

Eastern current trailing twelve-month (TTM) dividend yield is 1.52%. Interested in purchasing Eastern stock? Use our calculator to estimate your expected dividend yield:

Eastern Financial Ratios

P/E ratio-0.00
PEG ratio-0.00
P/B ratio1.51
ROE-11706007.36%
Payout ratio-13.41%
Current ratio2.64
Quick ratio1.42
Cash Ratio0.16

Eastern Dividend FAQ

How much is the next Eastern dividend?
Eastern's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Eastern dividend. The next Eastern dividend will be released in February, May, August, or November.
When is Eastern dividend paid?
Eastern pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Eastern pay?
The specific amount of Eastern dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Eastern's dividend history.
Does Eastern stock pay dividends?
Yes, Eastern does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Eastern's dividend history.
How much dividend does Eastern pay?
Eastern paid $0.44 in 2024, $0.44 in 2023, $0.44 in 2022, $0.44 in 2021, and $0.44 in 2020.
How often does Eastern pay dividends?
Eastern typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Eastern's dividend yield?
The current dividend yield for Eastern is 1.52%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Eastern's exact dividend yield.
When does Eastern go ex dividend?
Eastern's ex-dividend date for the latest dividend was on 2024-11-15. Eastern typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Eastern dividend paid?
Eastern pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Eastern increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Eastern will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Eastern dividend per share?
Eastern paid $0.44 per share in 2024 and $0.44 per share in 2023. The amount of dividend per share that Eastern pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Eastern a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Eastern a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Eastern a dividend stock?
Yes, Eastern is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Eastern a good dividend stock?
Whether Eastern is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Eastern has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Eastern as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Eastern pay dividends monthly?
Eastern typically pays dividends on a quarterly basis.
Does Eastern pay dividends quarterly?
Eastern currently pays dividends on a quarterly basis.
Has Eastern ever paid a dividend?
Yes, Eastern has a history of paying dividends to its shareholders. Eastern is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Eastern dividend stocks?
To buy Eastern you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Eastern stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Eastern pay dividends 2024?
Eastern pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-13. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Eastern increase its dividend in 2024?
Decisions regarding Eastern dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Eastern dividend overview you can look into the above table of dividend history.
How Eastern dividend works?
The Eastern dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Eastern's dividend process works:

1. Determination of Dividend: Eastern's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Eastern publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Eastern distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Eastern are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Eastern dividends paid?
Eastern dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Eastern sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Eastern distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Eastern declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Eastern pay dividends?
Eastern typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Eastern pay dividends?
The general pattern is that Eastern pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Eastern dividend safe?
The safety of Eastern's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Eastern's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Eastern's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.