Reminder - Eastern Goes Ex-Dividend Soon
ETF Channel Staff - Monday, February 12, 11:43 AMOn 2/14/24, Eastern Co. (EML) will trade ex-dividend, for its quarterly dividend of $0.11, payable on 3/15/24. As a percentage of EML's recent stock price of $24.39, this dividend works out to approximately 0.45%.
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 1.80% 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 $26.04 as the 52 week high point — that compares with a last trade of $24.39.
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In Monday trading, Eastern Co. shares are currently up about 0.4% on the day.