Achieving Growth and Investor Rewards: Eagle Bancorp Flourishes with Strong Performance and Rising Profits
Portfolio Pulse from Benzinga Insights
Eagle Bancorp (NASDAQ:EGBN) will distribute a dividend payout of $0.45 per share on July 28, 2023, equating to an annualized dividend yield of 8.56%. The company's dividend per share has increased from $0.88 in 2020 to $1.75 in 2022, and its earnings per share have also increased from $4.44 to $5.08 during the same period. Eagle Bancorp's dividend yield is higher than that of its industry peer, Premier Financial (NASDAQ:PFC), which has an annualized dividend yield of 5.65%.
July 28, 2023 | 3:05 pm
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POSITIVE IMPACT
Eagle Bancorp's dividend and earnings per share have shown a positive trend from 2020 to 2022, indicating a strong financial position and the ability to sustain dividend distributions.
The increase in both dividend per share and earnings per share indicates that the company is financially healthy and has the potential to continue rewarding its shareholders with dividends.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Premier Financial's annualized dividend yield of 5.65% is lower than that of Eagle Bancorp.
The lower dividend yield compared to Eagle Bancorp may make Premier Financial less attractive to income-seeking investors.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50