Eastern Company ( EML ) will begin trading ex-dividend on August 18, 2014. A cash dividend payment of $0.15 per share is scheduled to be paid on September 15, 2014. Shareholders who purchased EML stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 36.36% increase over the prior quarter. At the current stock price of $15.67, the dividend yield is 3.83%.
The previous trading day's last sale of EML was $15.67, representing a -12.9% decrease from the 52 week high of $17.99 and a 4.12% increase over the 52 week low of $15.05.
EML is a part of the Capital Goods sector, which includes companies such as Danaher Corporation ( DHR ) and Thermo Fisher Scientific Inc ( TMO ). EML's current earnings per share, an indicator of a company's profitability, is $1.11.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.