Eastern Co/The

Best Dividend Stocks

$24.61

+0.57 (+2.37%)

As of Oct 3, 2:29 AM ET ·

Dividend Overview

2.42%

Dividend Yield

+1.12% vs S&P 500 avg

$0.44

Annual Dividend

Per Payment$0.11

Frequencyquarterly

Payout Ratio37.6%

Ex-Dividend—

Pay Date—

Stock Price$24.61

Dividend Income Calculator

If you invest $10,000 in EML at $24.61/share

Monthly

$14.92

Quarterly

$44.77

Annually

$179.09

406 shares Based on current price of $24.61 per share

To earn $100/month in dividends

You would need 2,721 shares

$66,963.81

investment needed

Dividend Safety

Safe 37.6% payout ratio

Safe Moderate High

A payout ratio under 60% suggests the dividend is well-covered by earnings with room to grow.

Dividend Comparison — Machinery

Stock	Yield	Annual Div	Payout Ratio	Price
CAT Caterpillar Inc.	2.10%	$5.83	30.9%	$845.42
DE Deere & Co	1.46%	$6.35	34.2%	$687.00
PH Parker Hannifin Corp	1.37%	$7.41	25.7%	$972.55
ITW Illinois Tool Works	2.32%	$6.13	58.2%	$262.92
CMI Cummins Inc	2.98%	$7.66	37.1%	$528.32
PCAR Paccar Inc	1.17%	$4.32	95.4%	$109.68
WAB Wabtec Corp	0.58%	$1.01	14.8%	$287.54
IR Ingersoll-Rand Inc	0.11%	$0.08	5.5%	$76.07
DOV Dover Corp	1.46%	$2.08	25.9%	$189.69
OTIS Otis Worldwide Corp	1.60%	$1.64	46.8%	$64.05