Critical Survey: Eastern (EML) versus The Competition

Critical Survey: Eastern (EML) versus The Competition

Dividends Eastern pays an annual dividend of $0.44 per share and has a dividend yield of 1.9%. Eastern pays out -33.3% of its earnings in the form of a dividend. As a group, “PROTECTION – SFTY” companies pay a dividend yield of 1.7% and pay out 44.5% of their earnings in the form of a dividend. Eastern is clearly a better dividend stock than its peers, given its higher yield and lower payout ratio. Valuation & Earnings This table compares Easter…