Eastern About To Put More Money In Your Pocket (EML)
ETF Channel Staff - Friday, November 10, 10:15 AMOn 11/14/23, Eastern Co. (EML) will trade ex-dividend, for its quarterly dividend of $0.11, payable on 12/15/23. As a percentage of EML's recent stock price of $18.60, this dividend works out to approximately 0.59%, so look for shares of Eastern Co. to trade 0.59% lower — all else being equal — when EML shares open for trading on 11/14/23.
Below is a dividend history chart for EML, showing historical dividends prior to the most recent $0.11 declared by Eastern Co.:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from EML is likely to continue, and whether the current estimated yield of 2.37% on annualized basis is a reasonable expectation of annual yield going forward.
The chart below shows the one year performance of EML shares, versus its 200 day moving average:
Looking at the chart above, EML's low point in its 52 week range is $15.30 per share, with $24.35 as the 52 week high point — that compares with a last trade of $18.60.
Free Report: Top 8%+ Dividends (paid monthly)
In Friday trading, Eastern Co. shares are currently up about 1.9% on the day.