Eastern Bankshares Inc Dividends
The next dividend date for Eastern Bankshares Inc is September 3, 2025.
A dividend of $0.13 per share is scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Eastern Bankshares Inc (EBC)
More About Eastern Bankshares Inc
Eastern Bankshares, Inc. operates as the bank holding company for Eastern Bank that provides banking, trust, and investment services to retail, commercial, and small business customers. The company provides deposit accounts, interest checking accounts, money market accounts, savings accounts, and time certificates of deposit accounts. It also offers commercial and industrial, such as asset based lending portfolio; commercial real estate and construction; small business, residential real estate, and home equity loans; lines of credit; and other consumer loans comprising unsecured personal lines of credit, overdraft protection, automobile loans, home improvement loans, airplane loans, and other personal loans. In addition, the company provides wealth management and trust services, financial planning, and portfolio management; and automated lock box collection, cash management, and account reconciliation services. Eastern Bankshares, Inc. was founded in 1818 and is headquartered in Boston, Massachusetts.
Owning Eastern Bankshares Inc Stock on the Dividend Date
If you own Eastern Bankshares Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Eastern Bankshares Inc stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Eastern Bankshares Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Eastern Bankshares Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Eastern Bankshares Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Eastern Bankshares Inc Dividends
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