Eastern Company ROE 2024

Eastern Company Aktienanalyse

What does Eastern Company do?

Eastern Co is an American company headquartered in Naugatuck, Connecticut. It was founded in 1858 by Seth Atwood as the Atwood Manufacturing Company and its main products were carriages, horse-drawn sleighs, and other horse harnesses. In 1900, the company changed its name to Eastern Manufacturing Company and began producing sliding doors and carriage housings. In the 1920s, Eastern started manufacturing products for the automotive market, particularly steel body parts to reinforce car bodies. In the 1930s, the company further expanded and started manufacturing autonomous curve light systems, as well as reflectors and other safety equipment. During World War II, Eastern was a major supplier of components and parts for the defense industry. After the war, Eastern specialized in various industries such as electrical and telecommunications systems, as well as steel manufacturing and processing. Eastern's current business model is to provide innovative products, services, and solutions to meet customer needs. Eastern has four main divisions: Industrial Hardware, Security Products, Metal Products, and Gears. Eastern takes pride in being recognized worldwide and constantly strives to improve its products and tailor them to customer requirements. The Industrial Hardware division offers several products including hardware, fasteners, locking systems, and die-cast parts. These are used in various industries such as automotive, healthcare, aviation, and construction. The Security Products division includes alarm and security systems, locking systems, door systems, and access controls. It benefits mainly from the growing demand for security solutions and is a key supplier to the construction, trade, and food industries. The Metal Products division is a leading manufacturer of stainless steel products, including screws, nuts, emergency lighting, reflectors, and other lighting solutions. It also provides custom services such as metal cutting and bending. The Gears division manufactures gear products used in various industries such as aerospace, defense, power supply, and automotive. It offers both standardized and custom solutions to meet the different requirements of its customers. Eastern is known for its innovative products and services, which are characterized by high quality, durability, and reliability. The company is committed to always providing the best solutions to its customers and works intensively to improve its work processes, products, and services. The company has a clear vision and mission, which are to create a dynamic by continuously bringing innovative products to the market. Eastern's vision is to be a leader in providing safe, high-quality, and innovative products. The company has extensive experience in manufacturing high-quality products and continues to strive to provide the best solutions to its customers. Eastern Company ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Eastern Company's Return on Equity (ROE)

Eastern Company's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Eastern Company's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Eastern Company's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Eastern Company’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Eastern Company stock

What is the ROE (Return on Equity) of Eastern Company this year?

The ROE of Eastern Company this year is 0.06 undefined.

How has the Return on Equity (ROE) of Eastern Company developed compared to the previous year?

The ROE of Eastern Company has increased by -33.3% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Eastern Company?

A high ROE indicates that Eastern Company generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Eastern Company?

A low ROE can indicate that Eastern Company is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Eastern Company affect the company?

A change in ROE (Return on Equity) of Eastern Company can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Eastern Company?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Eastern Company?

Some factors that can influence Eastern Company's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

How much dividend does Eastern Company pay?

Over the past 12 months, Eastern Company paid a dividend of 0.44 USD . This corresponds to a dividend yield of about 1.4 %. For the coming 12 months, Eastern Company is expected to pay a dividend of 0.44 USD.

What is the dividend yield of Eastern Company?

The current dividend yield of Eastern Company is 1.4 %.

When does Eastern Company pay dividends?

Eastern Company pays a quarterly dividend. This is distributed in the months of December, March, June, September.

How secure is the dividend of Eastern Company?

Eastern Company paid dividends every year for the past 20 years.

What is the dividend of Eastern Company?

For the upcoming 12 months, dividends amounting to 0.44 USD are expected. This corresponds to a dividend yield of 1.4 %.

In which sector is Eastern Company located?

Eastern Company is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Eastern Company kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Eastern Company from 9/13/2024 amounting to 0.11 USD, you needed to have the stock in your portfolio before the ex-date on 8/15/2024.

When did Eastern Company pay the last dividend?

The last dividend was paid out on 9/13/2024.

What was the dividend of Eastern Company in the year 2023?

In the year 2023, Eastern Company distributed 0.44 USD as dividends.

In which currency does Eastern Company pay out the dividend?

The dividends of Eastern Company are distributed in USD.