Eastern Bankshares, Inc. Announces Quarterly Cash Dividend, Payable on March 15, 2023
January 26, 2023 at 04:25 pm
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Eastern Bankshares, Inc. announced the approval by its Board of Directors of a regular quarterly cash dividend of $0.10 per share payable on March 15, 2023 to shareholders of record on March 3, 2023.
Eastern Bankshares, Inc. is the stock holding company for Eastern Bank (The Bank). Through the Bank, it provides a variety of banking and trust and investment services. Its diversified products and services include lending, deposit, and wealth management. It offers a range of demand deposit accounts, interest checking accounts, money market accounts, savings accounts, and time certificates of deposit accounts. Its banking business consists of a full range of banking, lending (commercial, residential and consumer), savings and small business offerings, including its wealth management and trust operations that it conducts through its Eastern Wealth Management division. It offers automated lock box collection services, cash management services and account reconciliation services to its corporate and institutional customers, as well as cash management services to its municipal clients. Its securities portfolio consists of government-sponsored residential mortgage-backed securities.