Eastern Dividend Yield from 2010 to 2024
| EML Stock | USD 28.93 0.22 0.75% |
Dividend Yield | First Reported 2010-12-31 | Previous Quarter 0.0262 | Current Value 0.0304 | Quarterly Volatility 0.00448617 |
Check Eastern financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Eastern main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.5 M, Interest Expense of 3.7 M or Total Revenue of 287.1 M, as well as many exotic indicators such as Price To Sales Ratio of 0.49, Dividend Yield of 0.0304 or PTB Ratio of 1.07. Eastern financial statements analysis is a perfect complement when working with Eastern Valuation or Volatility modules.
Eastern | Dividend Yield |
Latest Eastern's Dividend Yield Growth Pattern
Below is the plot of the Dividend Yield of Eastern Co over the last few years. Dividend Yield is Eastern Co dividend as a percentage of Eastern stock price. Eastern dividend yield is a measure of Eastern stock productivity, which can be interpreted as interest rate earned on an Eastern investment. It is a financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share. Eastern's Dividend Yield historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Eastern's overall financial position and show how it may be relating to other accounts over time.
| Dividend Yield | 10 Years Trend |
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Dividend Yield |
| Timeline |
Eastern Dividend Yield Regression Statistics
| Arithmetic Mean | 0.02 | |
| Geometric Mean | 0.02 | |
| Coefficient Of Variation | 22.08 | |
| Mean Deviation | 0 | |
| Median | 0.02 | |
| Standard Deviation | 0 | |
| Sample Variance | 0.00002 | |
| Range | 0.0128 | |
| R-Value | 0.31 | |
| Mean Square Error | 0.00002 | |
| R-Squared | 0.09 | |
| Significance | 0.26 | |
| Slope | 0.0003 | |
| Total Sum of Squares | 0.0003 |
Eastern Dividend Yield History
About Eastern Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Eastern income statement, its balance sheet, and the statement of cash flows. Eastern investors use historical funamental indicators, such as Eastern's Dividend Yield, to determine how well the company is positioned to perform in the future. Although Eastern investors may use each financial statement separately, they are all related. The changes in Eastern's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Eastern's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Eastern Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Eastern. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Dividend Yield | 0.03 | 0.03 |
Pair Trading with Eastern
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Eastern position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Eastern will appreciate offsetting losses from the drop in the long position's value.Moving together with Eastern Stock
| 0.63 | MKTAY | Makita Corp | PairCorr |
Moving against Eastern Stock
| 0.9 | AZ | A2Z Smart Technologies Earnings Call This Week | PairCorr |
| 0.77 | BA | Boeing Financial Report 24th of July 2024 | PairCorr |
| 0.72 | TTC | Toro Financial Report 13th of June 2024 | PairCorr |
| 0.6 | AP | Ampco Pittsburgh | PairCorr |
| 0.53 | RBCP | RBC Bearings Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Eastern could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eastern when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Eastern - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Eastern Co to buy it.
The correlation of Eastern is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Eastern moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eastern moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Eastern can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Eastern Correlation against competitors. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Eastern Stock analysis
When running Eastern's price analysis, check to measure Eastern's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eastern is operating at the current time. Most of Eastern's value examination focuses on studying past and present price action to predict the probability of Eastern's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastern's price. Additionally, you may evaluate how the addition of Eastern to your portfolios can decrease your overall portfolio volatility.
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Is Eastern's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eastern. If investors know Eastern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eastern listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.177 | Dividend Share 0.44 | Earnings Share 1.58 | Revenue Per Share 42.785 | Quarterly Revenue Growth (0.06) |
The market value of Eastern is measured differently than its book value, which is the value of Eastern that is recorded on the company's balance sheet. Investors also form their own opinion of Eastern's value that differs from its market value or its book value, called intrinsic value, which is Eastern's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eastern's market value can be influenced by many factors that don't directly affect Eastern's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eastern's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eastern is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eastern's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.