Dividend Growth of Eaton Vance Corporation(EV)

Eaton Vance Corporation(EV) is having a Dividend Yield of 2.57% with the Annual cash Dividend per share of $1.08. The last quarter cash dividend per share pay out was $0.28. Eaton Vance Corporation has a 5 year average dividend yield of 2.59% and the stock has a Indicated annual dividend of $1.12. Eaton Vance Corporation(EV) formally announced its most recent dividend on January 12, 2017 with a Dividend per share of $0.28. The new indicated annual dividend based on announced dividend per share is $1.12. The dividend yield based on the forward looking indicated annual dividend is 2.57%. Eaton Vance Corporation(EV) has the most recent dividend payout ratio of 0.53 with a 5-year average payout ratio of 0.43. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.1. The 5 year historical dividend growth of Eaton Vance Corporation(EV) is at the rate of 9.23% while the R-Squared dividend growth is 0.95. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Eaton Vance Corporation (NYSE:EV) witnessed a decline in the market cap on Thursday as its shares dropped 0.64% or 0.28 points. After the session commenced at $43.61, the stock reached the higher end at $43.92 while it hit a low of $42.99. With the volume soaring to 816,891 shares, the last trade was called at $43.38. The company has a 52-week high of $44. The company has a market cap of $4,945 million and there are 113,987,940 shares in outstanding. The 52-week low of the share price is $26.98. Shares of Eaton Vance Corp. rose by 0.98% in the last five trading days and 1.8% for the last 4 weeks. Eaton Vance Corp. is up 7.41% in the last 3-month period. Year-to-Date the stock performance stands at 4.26%.

In the past twelve weeks, the net percent change held by company insiders has changed by -68.19% . Institutional Investors own 70.25% of Eaton Vance Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -68.19%. Company has reported several Insider transactions to the SEC, on Jan 26, 2017, Frederick S Marius (Chief Legal Officer) sold 45,893 shares at 43.71 per share price.On Dec 8, 2016, Ann E Berman (director) sold 13,188 shares at 43.05 per share price.On Dec 8, 2016, Winthrop H Jr Smith (director) sold 5,943 shares at 42.19 per share price.

Eaton Vance Corp Last issued its quarterly earnings results on Nov 22, 2016. The company reported $0.57 EPS for the quarter, missing the analyst consensus estimate by $ -0.02. Analyst had a consensus of $0.59. The company had revenue of $346.85 million for the quarter, compared to analysts expectations of $348.96 million. The companys revenue was up 1.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.53 EPS.

Eaton Vance Corp.s principal business is creating, marketing and managing investment funds and providing investment management and counseling services to institutions and individuals.The Company conducts its investment management and counseling business through two wholly-owned subsidiaries, Eaton Vance Management and Boston Management and Research.The Companys growth has resulted from its ability to develop, offer successfully and manage effectively new funds and to increase the assets of existing Eaton Vance Funds.

Eaton

Share this post

Leave a Reply