Dividends

Dividend Policy

In October 2021, Eagle’s Board of Directors instituted a dividend policy which targets the payment of quarterly cash dividends equal to a minimum of 30% of reported net income, but not less than $0.10 per share. 

We believe our dividend policy is:

  • Meaningful in terms of minimum payout
  • Simple to calculate
  • Sustainable throughout the cycle
  • Appropriate, allowing for sufficient earnings/capital retention in order to de-lever, fund future growth, and execute on opportunistic share/debt buybacks
Fiscal Year Quarter Dividend per share Dividend
(% of Basic EPS)
Ex-Date Record Payable
2022 Q2 $2.20 30% 8/15/2022 8/16/2022 8/26/2022
2022 Q1 $2.00 49% 5/13/2022 5/16/2022 5/25/2022
2021 Q4 $2.05 30% 4/14/2022 4/15/2022 4/25/2022
2021 Q3 $2.00 33% 11/12/2021 11/15/2021 11/24/2021