Israel Discount Bank Dividend yield

Israel Discount Bank is part of Banks business, which is part of Financials industry. Israel Discount Bank is a company from Israel, and his stocks are publicly traded.

Israel Discount Bank stock dividend

Israel Discount Bank paid a total dividend of 1,101 million ILS last year, for a market value of 23,565 millions (Market Cap 2,356,507 millions). Israel Discount Bank dividend per share is 0.89 ILS, and his stock market price 19.05 ILS.

According to the chart below, where dividend yield is displayed, Israel Discount Bank has a dividend yield of 4.68%, 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 Israel Discount Bank stocks dividend with other Banks companies or other of the best Israel dividend stocks list.

Israel Discount Bank Dividend Payout

About the ability of Israel Discount Bank to maintain his current dividend of ILS 0.89 per share, an amount that accounts for 4.68%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Israel Discount Bank payout on ernings is currently 31.34%, 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 Israel Discount Bankcan 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 Discount Bank is ILS -0.77 per share, which is lower than the dividend per share paid by the company of ILS 0.89, 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 Israel Discount Bank, compared againt world market average, Israel companies, Financials industry and Banks sector companies.

Israel Discount Bank Dividend History

Below you will find a table with the historical evolution of Israel Discount Bank'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	4.68%	0.89	31.34%	1,237
2022	2.73%	0.50	22.22%	1,237
2021	0.59%	0.12	14.29%	1,164
2020	1.77%	0.22	15.17%	1,164
2019	1.37%	0.22	17.05%	1,164
2018	0.88%	0.10	9.26%	1,164
2017	0.00%	0.00	0.00%	1,164
2016	0.00%	0.00	0.00%	1,054
2015	0.00%	0.00	0.00%	1,054

*In millions

Then you can see the evolution of Israel Discount Bank dividend stock, and compare it with the average of Israel stocks and that of the Banks stocks.

Israel Discount Bank Stock performance

Finally, last moth Israel Discount Bank showed a return of -2.30% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a -6.80% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Israel and Banks firms.