Ex-Dividend Reminder: Eastern Bankshares, Bentley Systems and L3Harris Technologies

On June 3, 2025, Eastern Bankshares (EBC), Bentley Systems (BSY), and L3Harris Technologies (LHX) will trade ex-dividend, paying out dividends of $0.13, $0.07, and $1.20 per share respectively on varying dates in June. These dividends represent approximately 0.86%, 0.15%, and 0.49% of each company's recent stock price, potentially leading to corresponding price decreases on the ex-dividend date; their annualized yields are estimated at 3.46%, 0.58%, and 1.97% respectively, assuming dividend continuity.

Analysis

Eastern Bankshares Inc (EBC), Bentley Systems Inc (BSY), and L3Harris Technologies Inc (LHX) are all scheduled to trade ex-dividend on June 3, 2025. Eastern Bankshares will distribute a quarterly dividend of $0.13 per share on June 16, 2025, which, based on its recent stock price of $15.03, represents approximately 0.86% and implies an estimated annualized yield of 3.46% assuming dividend continuity. Bentley Systems is set to pay a quarterly dividend of $0.07 on June 12, 2025, equating to about 0.15% of its recent price and an annualized yield of 0.58%. L3Harris Technologies will pay a $1.20 quarterly dividend on June 18, 2025, representing approximately 0.49% of its stock price, leading to an estimated annualized yield of 1.97%. Standard market mechanics suggest that, all else being equal, shares of EBC, BSY, and LHX will likely open lower by these respective percentages on the ex-dividend date. The article highlights that dividend consistency is not guaranteed and is linked to company profitability, advising investors to examine historical dividend payments to assess stability and the likelihood of future payouts. In recent trading, Eastern Bankshares shares were up about 0.6%, Bentley Systems shares were flat, and L3Harris Technologies shares were down approximately 0.4%. The overall sentiment for this news is neutral, with a low market impact score of 0.25, reflecting the routine nature of such announcements.

Key Decisions for Investors

• Investors seeking to capture the upcoming dividends from Eastern Bankshares, Bentley Systems, or L3Harris Technologies must own the shares before the ex-dividend date of June 3, 2025, while anticipating an equivalent price drop on that date.
• Evaluate the historical dividend payment records for EBC, BSY, and LHX to form an independent judgment on the sustainability of their respective estimated annualized yields of 3.46%, 0.58%, and 1.97%.