SmarterDividends
EBC

Eastern Bankshares, Inc.

EBC

Financial Services · Banks - Regional · Stock · quarterly payer

$21.31

Undervalued · +41% Add to Portfolio

Forward Yield

2.63%

Annual Dividend

$0.56

Payout Ratio

30%

5-Yr Growth

—

Ex-Date

Sep 8, 2026

Frequency

Quarterly

Key facts about EBC's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Eastern Bankshares, Inc. (EBC) has a forward dividend yield of 2.63%, based on an annual dividend of $0.56 per share and a share price of $21.31.
  • As of Oct 18, 2026, EBC's dividend safety grade from SmarterDividends is A (81 out of 100), which rates the dividend as very safe.
  • By SmarterDividends' count, Eastern Bankshares, Inc. (EBC) has raised its dividend for 4 consecutive years as of Oct 18, 2026.
  • EBC has never cut its regular dividend in the payment history SmarterDividends has on record.
  • EBC's most recent ex-dividend date was Sep 8, 2026, for a dividend of $0.15 per share.
  • As of Oct 18, 2026, EBC pays out 30% of its trailing 12-month earnings as dividends (its payout ratio).
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for EBC is $30.02 per share, 41% above the $21.31 share price, so EBC screens as undervalued.
  • Eastern Bankshares, Inc. (EBC) pays its dividend quarterly, 4 times a year.
  • Eastern Bankshares, Inc. (EBC) has raised its regular dividend 6 times and cut it 0 times across the 23 payments on record since 2021. Its most recent change was a 15.4% increase to $0.150 per share, going ex-dividend on Jun 5, 2026.
Cite this page

SmarterDividends, "EBC Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/EBC

Summary

As of Oct 18, 2026, Eastern Bankshares, Inc. (EBC) yields 2.63% ($0.56 a year per share), has a dividend safety grade of A (81/100) and has 4 consecutive years of dividend increases on record.

Is EBC a good dividend stock?

Yes

Eastern Bankshares, Inc. (EBC) pays a quarterly dividend yielding 2.63% ($0.56/yr), with 4 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Never cut its dividend on record
  • Comfortable payout ratio (30%)
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
2.63%
Payout Ratio
30%
Annual Dividend
$0.56
5-Yr Avg Growth
—
Ex-Dividend Date
Sep 8, 2026
Years of Growth
4
Frequency
quarterly
Beta
0.70
Market Cap
$4.9B
P/E Ratio
11.9
5-Yr Total Return
6%
52-Week Range
$16.62 – $23.78
Dividend Safety
A · 81/100
Ever Cut?
No

EBC dividend raises and cuts

Eastern Bankshares, Inc. (EBC) has raised its regular dividend 6 times and cut it 0 times across the 23 payments on record since 2021. Its most recent change was a 15.4% increase to $0.150 per share, going ex-dividend on Jun 5, 2026.

Ex-dateChangeOld → newMove
Jun 5, 2026Raise$0.130 → $0.150+15.4%
Jun 3, 2025Raise$0.120 → $0.130+8.3%
Dec 3, 2024Raise$0.110 → $0.120+9.1%
Nov 30, 2023Raise$0.100 → $0.110+10.0%
Mar 2, 2022Raise$0.0800 → $0.100+25.0%
Jun 2, 2021Raise$0.0600 → $0.0800+33.3%
Every EBC payment →Download every raise and cut (CSV)
EBC ex-dividend date & scheduleNext ex-date Sep 8, 2026 · full ex-dividend historyView →EBC dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is EBC a good dividend stock?

Yes. Eastern Bankshares, Inc. (EBC) pays a quarterly dividend yielding 2.63% ($0.56/yr), with 4 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is EBC undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, EBC's fair value is about $30.02 versus a $21.31 share price — so it looks undervalued (+41% vs. fair value).

Is EBC's dividend safe?

EBC has a dividend-safety grade of A (81/100), based on its payout coverage, free-cash-flow, 4-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is EBC's fair value?

Our blended fair-value estimate for EBC is about $30.02 per share, roughly 41% above the current $21.31 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is EBC a buy, hold, or sell?

We don't issue formal ratings, but on the data EBC screens as "yes" and undervalued. Eastern Bankshares, Inc. (EBC) pays a quarterly dividend yielding 2.63% ($0.56/yr), with 4 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will EBC cut its dividend?

EBC earns a dividend-safety grade of A (81/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does EBC pay a dividend?

Yes. Eastern Bankshares, Inc. pays a quarterly dividend of about $0.56 per share annually, a forward yield of roughly 2.63%.

What is EBC's dividend yield?

As of Oct 18, 2026, EBC's forward dividend yield is 2.63%, based on a $0.56 annual dividend and a $21.31 share price.

What is EBC's dividend per share?

As of Oct 18, 2026, EBC pays $0.56 per share per year, distributed on a quarterly basis.

What is EBC's dividend payout ratio?

As of Oct 18, 2026, EBC's payout ratio is 30% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has EBC grown its dividend?

As of Oct 18, 2026, EBC has increased its dividend for 4 consecutive years.

When is the next EBC ex-dividend date?

As of Oct 18, 2026, EBC's next ex-dividend date hasn't been announced. The most recent was Sep 8, 2026, for $0.15 per share.

EBC Dividend News

EBC
IncreaseEBC·Jun 11, 2026

Eastern Bankshares Raises Quarterly Dividend 15.4% to $0.15

Eastern Bankshares lifted its quarterly dividend 15.4% to $0.15, backed by a 30% earnings payout ratio, improving results and an A safety grade.

Income Calculator

At $0.56 / yr per share

Per payment (quarterly)$14.00
Annual$56.00
Monthly avg$4.67

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