Energix Renewable Dividend yield

 Price  11.85
 Dividend  0.44
 Earnings  0.43
 Cash-flow  0.52
 Book value  4.23
 Equity  3.50

Energix Renewable is part of Electricity business, which is part of Utilities industry. Energix Renewable is a company from Israel, and his stocks are publicly traded.

Energix Renewable stock dividend

Energix Renewable paid a total dividend of 241 million ILS last year, for a market value of 6,494 millions (Market Cap 308,672 millions). Energix Renewable dividend per share is 0.44 ILS, and his stock market price 11.85 ILS.

According to the chart below, where dividend yield is displayed, Energix Renewable has a dividend yield of 3.71%, which is similar to the amount offered by both the market average and companies from Israel. However, it is lower than the average of Utilities 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 Energix Renewable stocks dividend with other Electricity companies or other of the highest Israel dividend stocks list.

Dividend yield of Energix Renewable

Energix Renewable Dividend Payout

About the ability of Energix Renewable to maintain his current dividend of ILS 0.44 per share, an amount that accounts for 3.71%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Energix Renewable payout on ernings is currently 102.33%, which is higher than the market average, and companies of Utilities industry, which are 39.34% and 60.08% respectively. Both figures show that Energix Renewable 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 Energix Renewable is ILS 0.52 per share, which is higher than the dividend per share paid by the company of ILS 0.44, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Energix Renewable, compared againt world market average, Israel companies, Utilities industry and Electricity sector companies.

Energix Renewable payout

Energix Renewable Dividend History

Below you will find a table with the historical evolution of Energix Renewable'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* 

*In millions

Energix Renewable Stock performance

Finally, last moth Energix Renewable showed a return of -12.00% compared to a worldwide -2.49% average, and a -2.79% of Utilities firms. Over the last year, the company obtained a -22.40% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Israel and Electricity firms.

Energix Renewable stock and market return