Eagle Financial Services (EFSI) Declares $0.30 Dividend
Eagle Financial Services said on January 25, 2023 that its board of directors declared a regular quarterly dividend of $0.30 per share ($1.20 annualized). Shareholders of record as of February 3, 2023 will receive the payment on February 17, 2023. Previously, the company paid $0.30 per share.
At the current share price of $36.50 / share, the stock's dividend yield is 3.29%. Looking back five years and taking a sample every week, the average dividend yield has been 3.27%, the lowest has been 2.41%, and the highest has been 4.39%. The standard deviation of yields is 0.43 (n=197).
The current dividend yield is 0.05 standard deviations above the historical average.
Additionally, the company's dividend payout ratio is 0.31. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
The company's 3-Year dividend growth rate is 0.15%, demonstrating that it has increased its dividend over time.
Fund Sentiment
There are 2 funds or institutions reporting positions in Eagle Financial Services. This is unchanged over the last quarter.
Average portfolio weight of all funds dedicated to US:EFSI is 0.0531%, a decrease of 29.2131%. Total shares owned by institutions decreased in the last three months by 0.00% to 47K shares.
What are large shareholders doing?
Banc Funds Co holds 46,620 shares representing 1.32% ownership of the company. No change in the last quarter.
NORTHERN FUNDS - NORTHERN SMALL CAP CORE FUND Class K holds 100 shares representing 0.00% ownership of the company. No change in the last quarter.
This story originally appeared on Fintel.