Ex-Div Reminder for Eastern Co. (EML)

Looking at the universe of stocks we cover at Dividend Channel, on 2/14/14, Eastern Co. ( EML) will trade ex-dividend, for its quarterly dividend of $0.11, payable on 3/14/14. As a percentage of EML's recent stock price of $15.70, this dividend works out to approximately 0.70%, so look for shares of Eastern Co. to trade 0.70% lower — all else being equal — when EML shares open for trading on 2/14/14.

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Below is a dividend history chart for EML, showing historical dividends prior to the most recent $0.11 declared by Eastern Co.:

EML+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from EML is likely to continue, and whether the current estimated yield of 2.80% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of EML shares, versus its 200 day moving average:

Eastern Co. 200 Day Moving Average Chart

Looking at the chart above, EML's low point in its 52 week range is $14.58 per share, with $20.00 as the 52 week high point — that compares with a last trade of $15.70.

In Wednesday trading, Eastern Co. shares are currently trading flat on the day.

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