Israel Corporation Dividend yield




   ILS/share 
 Price  1,058.00
 Dividend  36.29
 Earnings  406.92
 Cash-flow  881.67
 Book value  1,175.56
 Equity  860.30

Israel Corporation is part of Chemicals business, which is part of Basic Materials industry. Israel Corporation is a company from Israel, and his stocks are publicly traded.

Israel Corporation stock dividend

Israel Corporation paid a total dividend of 290 million ILS last year, for a market value of 8,464 millions (Market Cap 388,141 millions). Israel Corporation dividend per share is 36.29 ILS, and his stock market price 1,058.00 ILS.

According to the chart below, where dividend yield is displayed, Israel Corporation has a dividend yield of 3.43%, which is similar to the amount offered by both the market average and companies from Israel. However, it is lower than the average of Basic Materials 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 Israel Corporation stocks dividend with other Chemicals companies or other of the best Israel dividend stocks list.

Dividend yield of Israel Corporation

Israel Corporation Dividend Payout

About the ability of Israel Corporation to maintain his current dividend of ILS 36.29 per share, an amount that accounts for 3.43%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Israel Corporation payout on ernings is currently 8.92%, which is lower than the market average and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures lead us to believe that there is confidence that Israel Corporationcan 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 Israel Corporation is ILS 881.67 per share, which is higher than the dividend per share paid by the company of ILS 36.29, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Israel Corporation, compared againt world market average, Israel companies, Basic Materials industry and Chemicals sector companies.

Israel Corporation payout

Israel Corporation Dividend History

Below you will find a table with the historical evolution of Israel Corporation'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* 
Present3.43%36.298.92%8
20222.93%36.3370.90%8
20197.58%54.3319.71%8
20185.92%58.7673.41%8
20170.00%0.000.00%8
20160.00%0.000.00%8
201517.70%152.20667.25%8

*In millions

Israel Corporation Stock performance

Finally, last moth Israel Corporation showed a return of -7.60% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a -34.70% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Israel and Chemicals firms.

Israel Corporation stock and market return