Ashtrom Group Ltd Dividend yield

Ashtrom Group Ltd is part of Construction and Materials business, which is part of Industrials industry. Ashtrom Group Ltd is a company from Israel, and his stocks are publicly traded.

Ashtrom Group Ltd stock dividend

Ashtrom Group Ltd paid a total dividend of 319 million ILS last year, for a market value of 5,272 millions (Market Cap 198,680 millions). Ashtrom Group Ltd dividend per share is 3.16 ILS, and his stock market price 52.20 ILS.

According to the chart below, where dividend yield is displayed, Ashtrom Group Ltd has a dividend yield of 6.06%, which is higher than the amount offered by both the market average and companies from Israel. It is also bigger than average of Industrials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Ashtrom Group Ltd stocks dividend with other Construction and Materials companies or other of the high Israel dividend stocks list.

Ashtrom Group Ltd Dividend Payout

About the ability of Ashtrom Group Ltd to maintain his current dividend of ILS 3.16 per share, an amount that accounts for 6.06%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Ashtrom Group Ltd payout on ernings is currently 34.50%, which is lower than the market average and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures lead us to believe that there is confidence that Ashtrom Group Ltdcan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Ashtrom Group Ltd is ILS -0.88 per share, which is lower than the dividend per share paid by the company of ILS 3.16, so the company does not generate enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Ashtrom Group Ltd, compared againt world market average, Israel companies, Industrials industry and Construction and Materials sector companies.

Ashtrom Group Ltd Dividend History

Below you will find a table with the historical evolution of Ashtrom Group Ltd's dividend stock, both in percentage and in ILS, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	ILS	Paypout	Shares*
Present	6.06%	3.16	34.50%	101
2022	6.32%	4.15	34.13%	101
2021	3.99%	3.37	103.37%	101

*In millions

Ashtrom Group Ltd Stock performance

Finally, last moth Ashtrom Group Ltd showed a return of -5.70% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a -38.60% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Israel and Construction and Materials firms.