Delek Group Dividend yield

Delek Group is part of Financial Services business, which is part of Financials industry. Delek Group is a company from Israel, and his stocks are publicly traded.

Delek Group paid a total dividend of 701 million ILS last year, for a market value of 5,956 millions (Market Cap 234,840 millions). Dividend per share of Delek Group is 58.41 ILS, and his stock market price 496.30 ILS.

According to the chart below, where dividend yield is displayed, Delek Group has a dividend yield of 11.77%, which is higher than the amount offered by both the market average and companies from Israel. It is also bigger than average of Financials 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 Delek Group dividend yield with other Financial Services companies or firms from Israel.

Delek Group Dividend Payout

About the ability of Delek Group to maintain his current dividend of ILS 58.41 per share, an amount that accounts for 11.77%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Delek Group payout on ernings is currently 57.67%, which is higher than the market average, and companies of Financials industry, which are 38.56% and 44.81% respectively. Both figures show that Delek Group can have problems to keep with his present dividend yield.

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 Delek Group is ILS 55.14 per share, which is lower than the dividend per share paid by the company of ILS 58.41, 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 Delek Group, compared againt world market average, Israel companies, Financials industry and Financial Services sector companies. You might also need to check full financial report of Delek Group.

Delek Group Stock performance

Finally, last moth Delek Group showed a return of -8.00% compared to a worldwide -1.61% average, and a -1.70% of Financials firms. Over the last year, the company obtained a -35.00% versus a worldwide performance of a 7.26%. More detailed information can be seen in the following graph for Israel and Financial Services firms.