08-31-2023
ILS/share | |
Price | 29.57 |
Dividend | 1.12 |
Earnings | 5.01 |
Cash-flow | 3.84 |
Book value | 32.86 |
Equity | 29.64 |
Bank Leumi is part of Banks business, which is part of Financials industry. Bank Leumi is a company from Israel, and his stocks are publicly traded.
Bank Leumi stock dividend
Bank Leumi paid a total dividend of 1,729 million ILS last year, for a market value of 45,656 millions (Market Cap 4,539,887 millions). Bank Leumi dividend per share is 1.12 ILS, and his stock market price 29.57 ILS.
According to the chart below, where dividend yield is displayed, Bank Leumi has a dividend yield of 3.80%, which is similar to the amount offered by both the market average and companies from Israel. However, it is lower than the average of Financials industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.
In addition, you should compare Bank Leumi stocks dividend with other Banks companies or other of the highest Israel dividend stocks list.
Bank Leumi Dividend Payout
About the ability of Bank Leumi to maintain his current dividend of ILS 1.12 per share, an amount that accounts for 3.80%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Bank Leumi payout on ernings is currently 22.36%, which is lower than the market average and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures lead us to believe that there is confidence that Bank Leumican 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 Bank Leumi is ILS 3.84 per share, which is higher than the dividend per share paid by the company of ILS 1.12, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Bank Leumi, compared againt world market average, Israel companies, Financials industry and Banks sector companies.
Bank Leumi Dividend History
Below you will find a table with the historical evolution of Bank Leumi'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 | 3.80% | 1.12 | 22.36% | 1,544 |
2022 | 3.80% | 1.11 | 28.39% | 1,544 |
2021 | 4.11% | 1.37 | 94.48% | 1,453 |
2020 | 5.05% | 0.95 | 39.26% | 1,453 |
2019 | 3.72% | 0.94 | 42.34% | 1,469 |
2018 | 4.01% | 0.91 | 43.13% | 1,496 |
2017 | 1.96% | 0.41 | 22.28% | 1,524 |
2016 | 0.00% | 0.00 | 0.00% | 1,523 |
2015 | 0.00% | 0.00 | 0.00% | 1,469 |
*In millions
Then you can see the evolution of Bank Leumi dividend stock, and compare it with the average of Israel stocks and that of the Banks stocks.
Bank Leumi Stock performance
Finally, last moth Bank Leumi showed a return of 0.70% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a -16.40% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Israel and Banks firms.