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EQB Inc., through its subsidiary, Equitable Bank, provides personal and commercial banking services to retail and commercial customers in Canada. The company accepts term deposits and guaranteed investment certificates, high interest savings accounts, tax-free savings accounts, and institutional deposit notes, as well as specialized financing solutions. Its loan products include residential mortgages; equipment loans; home equity, cash surrender value, and commercial equity lines of credit; business enterprise solutions comprising mixed use, multi-residential properties, retail spaces, office condominiums, and industrial buildings; and asset repositioning, inventory, term, and construction loans. The company also offers digital banking services, as well as a range of banking solutions, including international money transfers, US dollar accounts, and a suite of registered products. The company was formerly known as Equitable Group Inc. and changed its name to EQB Inc. in June 2022. EQB Inc. was founded in 1970 and is headquartered in Toronto, Canada.

EQB Dividend Announcement

EQB announced a quarterly dividend of C$0.47 per ordinary share which will be made payable on 2024-09-30. Ex dividend date: 2024-09-13
EQB annual dividend for 2024 was C$1.34
EQB annual dividend for 2023 was C$1.50
EQB's trailing twelve-month (TTM) dividend yield is 2.04%
EQB's payout ratio for the trailing twelve months (TTM) is 9.00%
EQB's dividend growth over the last five years (2018-2023) was 6.79% year
EQB's dividend growth over the last ten years (2013-2023) was 9.60% year

EQB Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-13C$0.47quarterly2024-09-30
2024-06-14C$0.45quarterly2024-06-28
2024-03-14C$0.42quarterly2024-03-28
2023-12-19C$0.40quarterly2023-12-29
2023-09-14C$0.38quarterly2023-09-29
2023-06-14C$0.37quarterly2023-06-30
2023-03-14C$0.35quarterly2023-03-31
2022-12-14C$0.33quarterly2022-12-30
2022-09-14C$0.31quarterly2022-09-30
2022-06-14C$0.29quarterly2022-06-30
2022-03-14C$0.28quarterly2022-03-31
2021-12-14C$0.18quarterly2021-12-31
2021-09-14C$0.37quarterly2021-09-30
2021-06-14C$0.37quarterly2021-06-30
2021-03-12C$0.37quarterly2021-03-31
2020-12-14C$0.37quarterly2020-12-31
2020-09-14C$0.37quarterly2020-09-30
2020-06-12C$0.37quarterly2020-06-30
2020-03-12C$0.37quarterly2020-03-27
2019-12-12C$0.35quarterly2019-12-31
2019-09-12C$0.33quarterly2019-09-30
2019-06-13C$0.31quarterly2019-06-28
2019-03-14C$0.30quarterly2019-03-29
2018-12-13C$0.28quarterly2019-01-03
2018-09-13C$0.27quarterly2018-10-04
2018-06-14C$0.27quarterly2018-07-05
2018-03-14C$0.26quarterly2018-04-05
2017-12-14C$0.25quarterly2018-01-04
2017-09-14C$0.24quarterly2017-10-05
2017-06-13C$0.23quarterly2017-07-06
2017-03-08C$0.23quarterly2017-04-06
2016-12-13C$0.22quarterly2017-01-05
2016-09-13C$0.21quarterly2016-10-03
2016-06-13C$0.21quarterly2016-07-07
2016-03-09C$0.20quarterly2016-04-07
2015-12-11C$0.20quarterly2016-01-07
2015-09-11C$0.19quarterly2015-10-05
2015-06-11C$0.19quarterly2015-07-03
2015-03-11C$0.18quarterly2015-04-03
2014-12-11C$0.18quarterly2015-01-02
2014-09-11C$0.17quarterly2014-10-04
2014-06-11C$0.17quarterly2014-07-03
2014-03-12C$0.16quarterly2014-04-03
2013-12-11C$0.16quarterly2014-01-03
2013-09-11C$0.15quarterly2013-10-03
2013-06-12C$0.15quarterly2013-07-04
2013-03-13C$0.14quarterly2013-04-04

EQB Dividend per year

EQB Dividend growth

EQB Dividend Yield

EQB current trailing twelve-month (TTM) dividend yield is 2.04%. Interested in purchasing EQB stock? Use our calculator to estimate your expected dividend yield:

EQB Financial Ratios

P/E ratio10.94
PEG ratio1.13
P/B ratio1.41
ROE13.31%
Payout ratio9.00%
Current ratio0.76
Quick ratio0.76
Cash Ratio-0.45

EQB Dividend FAQ

How much is the next EQB dividend?
EQB's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next EQB dividend. The next EQB dividend will be released in March, June, September, or December.
When is EQB dividend paid?
EQB pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. 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 EQB pay?
The specific amount of EQB 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 EQB's dividend history.
Does EQB stock pay dividends?
Yes, EQB 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 EQB's dividend history.
How much dividend does EQB pay?
EQB paid C$1.34 in 2024, C$1.5 in 2023, C$1.21 in 2022, C$1.295 in 2021, and C$1.48 in 2020.
How often does EQB pay dividends?
EQB 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 March, June, September, and December.
What is EQB's dividend yield?
The current dividend yield for EQB is 2.04%. 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 EQB's exact dividend yield.
When does EQB go ex dividend?
EQB's ex-dividend date for the latest dividend was on 2024-09-13. EQB 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 EQB dividend paid?
EQB pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will EQB 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 EQB 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 EQB dividend per share?
EQB paid C$1.34 per share in 2024 and C$1.5 per share in 2023. The amount of dividend per share that EQB 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 EQB 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 EQB 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 EQB a dividend stock?
Yes, EQB is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is EQB a good dividend stock?
Whether EQB is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. EQB has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating EQB 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 EQB pay dividends monthly?
EQB typically pays dividends on a quarterly basis.
Does EQB pay dividends quarterly?
EQB currently pays dividends on a quarterly basis.
Has EQB ever paid a dividend?
Yes, EQB has a history of paying dividends to its shareholders. EQB is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy EQB dividend stocks?
To buy EQB 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 EQB 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 EQB pay dividends 2024?
EQB pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-30. 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 EQB increase its dividend in 2024?
Decisions regarding EQB 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 EQB dividend overview you can look into the above table of dividend history.
How EQB dividend works?
The EQB 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 EQB's dividend process works:

1. Determination of Dividend: EQB'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, EQB 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, EQB 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 EQB 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 EQB dividends paid?
EQB dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: EQB 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, EQB distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: EQB 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 EQB pay dividends?
EQB 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 EQB pay dividends?
The general pattern is that EQB pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is EQB dividend safe?
The safety of EQB'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 EQB'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 EQB'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.