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 2.05%
• 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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-13 | C$0.47 | quarterly | 2024-09-30 |
2024-06-14 | C$0.45 | quarterly | 2024-06-28 |
2024-03-14 | C$0.42 | quarterly | 2024-03-28 |
2023-12-19 | C$0.40 | quarterly | 2023-12-29 |
2023-09-14 | C$0.38 | quarterly | 2023-09-29 |
2023-06-14 | C$0.37 | quarterly | 2023-06-30 |
2023-03-14 | C$0.35 | quarterly | 2023-03-31 |
2022-12-14 | C$0.33 | quarterly | 2022-12-30 |
2022-09-14 | C$0.31 | quarterly | 2022-09-30 |
2022-06-14 | C$0.29 | quarterly | 2022-06-30 |
2022-03-14 | C$0.28 | quarterly | 2022-03-31 |
2021-12-14 | C$0.18 | quarterly | 2021-12-31 |
2021-09-14 | C$0.37 | quarterly | 2021-09-30 |
2021-06-14 | C$0.37 | quarterly | 2021-06-30 |
2021-03-12 | C$0.37 | quarterly | 2021-03-31 |
2020-12-14 | C$0.37 | quarterly | 2020-12-31 |
2020-09-14 | C$0.37 | quarterly | 2020-09-30 |
2020-06-12 | C$0.37 | quarterly | 2020-06-30 |
2020-03-12 | C$0.37 | quarterly | 2020-03-27 |
2019-12-12 | C$0.35 | quarterly | 2019-12-31 |
2019-09-12 | C$0.33 | quarterly | 2019-09-30 |
2019-06-13 | C$0.31 | quarterly | 2019-06-28 |
2019-03-14 | C$0.30 | quarterly | 2019-03-29 |
2018-12-13 | C$0.28 | quarterly | 2019-01-03 |
2018-09-13 | C$0.27 | quarterly | 2018-10-04 |
2018-06-14 | C$0.27 | quarterly | 2018-07-05 |
2018-03-14 | C$0.26 | quarterly | 2018-04-05 |
2017-12-14 | C$0.25 | quarterly | 2018-01-04 |
2017-09-14 | C$0.24 | quarterly | 2017-10-05 |
2017-06-13 | C$0.23 | quarterly | 2017-07-06 |
2017-03-08 | C$0.23 | quarterly | 2017-04-06 |
2016-12-13 | C$0.22 | quarterly | 2017-01-05 |
2016-09-13 | C$0.21 | quarterly | 2016-10-03 |
2016-06-13 | C$0.21 | quarterly | 2016-07-07 |
2016-03-09 | C$0.20 | quarterly | 2016-04-07 |
2015-12-11 | C$0.20 | quarterly | 2016-01-07 |
2015-09-11 | C$0.19 | quarterly | 2015-10-05 |
2015-06-11 | C$0.19 | quarterly | 2015-07-03 |
2015-03-11 | C$0.18 | quarterly | 2015-04-03 |
2014-12-11 | C$0.18 | quarterly | 2015-01-02 |
2014-09-11 | C$0.17 | quarterly | 2014-10-04 |
2014-06-11 | C$0.17 | quarterly | 2014-07-03 |
2014-03-12 | C$0.16 | quarterly | 2014-04-03 |
2013-12-11 | C$0.16 | quarterly | 2014-01-03 |
2013-09-11 | C$0.15 | quarterly | 2013-10-03 |
2013-06-12 | C$0.15 | quarterly | 2013-07-04 |
2013-03-13 | C$0.14 | quarterly | 2013-04-04 |
EQB Dividend per year
EQB Dividend growth
EQB Dividend Yield
EQB current trailing twelve-month (TTM) dividend yield is 2.05%. Interested in purchasing EQB stock? Use our calculator to estimate your expected dividend yield:
EQB Financial Ratios
EQB Dividend FAQ
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.
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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.
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.
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.