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These Factors Make The Eastern Company (NASDAQ:EML) A Great Investment

Seth Doty

Attractive stocks have exceptional fundamentals. In the case of The Eastern Company (NASDAQ:EML), there’s is a well-regarded dividend-paying company that has been able to sustain great financial health over the past. Below is a brief commentary on these key aspects. For those interested in digger a bit deeper into my commentary, take a look at the report on Eastern here.

Excellent balance sheet average dividend payer

EML’s strong financial health means that all of its upcoming liability payments are able to be met by its current cash and short-term investment holdings. This suggests prudent control over cash and cost by management, which is a crucial insight into the health of the company. EML appears to have made good use of debt, producing operating cash levels of 0.29x total debt in the prior year. This is a strong indication that debt is reasonably met with cash generated.

NasdaqGM:EML Historical Debt June 26th 18
NasdaqGM:EML Historical Debt June 26th 18

For those seeking income streams from their portfolio, EML is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 1.52%.

NasdaqGM:EML Historical Dividend Yield June 26th 18
NasdaqGM:EML Historical Dividend Yield June 26th 18

Next Steps:

For Eastern, I’ve compiled three relevant factors you should further research:

  1. Future Outlook: What are well-informed industry analysts predicting for EML’s future growth? Take a look at our free research report of analyst consensus for EML’s outlook.

  2. Historical Performance: What has EML’s returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.

  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of EML? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned.