The Eastern Company
EML38 yrs growthIndustrials · Stock · quarterly payer
$21.61
Add to PortfolioForward Yield
2.03%
Annual Dividend
$0.44
Payout Ratio
56%
5-Yr Growth
0.0%
Ex-Date
May 15, 2026
Frequency
Quarterly
EML Dividend Safety Score
96/ 100
Grade A
Very Safe
Dividend-growth streak38 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage56% of earnings paid out
Free-cash-flow coverage27% of free cash flow
Balance-sheet strengthDebt/equity of 0.43
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is EML a good dividend stock?
YesThe Eastern Company (EML) pays a quarterly dividend yielding 2.03% ($0.44/yr), with 38 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
- Dividend Aristocrat — 38 consecutive years of growth
- Never cut its dividend on record
- Comfortable payout ratio (56%)
- Top-tier dividend safety score
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 2.03%
- Payout Ratio
- 56%
- Annual Dividend
- $0.44
- 5-Yr Avg Growth
- 0.0%
- Ex-Dividend Date
- May 15, 2026
- Years of Growth
- 38
- Frequency
- quarterly
- Beta
- 0.87
- Market Cap
- $130.3M
- P/E Ratio
- 27.7
- 5-Yr Total Return
- -29%
- 52-Week Range
- $17.61 – $26.77
- Dividend Safety
- A · 96/100
- Ever Cut?
- No
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 15, 2026 | — | $0.1100 | regular |
| Feb 13, 2026 | — | $0.1100 | regular |
| Nov 14, 2025 | — | $0.1100 | regular |
| Aug 15, 2025 | — | $0.1100 | regular |
| May 15, 2025 | — | $0.1100 | regular |
| Feb 14, 2025 | — | $0.1100 | regular |
| Nov 15, 2024 | — | $0.1100 | regular |
| Aug 15, 2024 | — | $0.1100 | regular |
| May 14, 2024 | — | $0.1100 | regular |
| Feb 14, 2024 | — | $0.1100 | regular |
| Nov 14, 2023 | — | $0.1100 | regular |
| Aug 14, 2023 | — | $0.1100 | regular |
| May 12, 2023 | — | $0.1100 | regular |
| Feb 14, 2023 | — | $0.1100 | regular |
Income Calculator
At $0.44 / yr per share
Per payment (quarterly)$11.00
Annual$44.00
Monthly avg$3.67
