Kenon Holdings Dividend yield

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

Kenon Holdings stock dividend

Kenon Holdings paid a total dividend of 572 million ILS last year, for a market value of 4,884 millions (Market Cap 192,628 millions). Kenon Holdings dividend per share is 10.60 ILS, and his stock market price 90.45 ILS.

According to the chart below, where dividend yield is displayed, Kenon Holdings has a dividend yield of 11.72%, which is higher than the amount offered by both the market average and companies from Israel. It is also bigger than average of Utilities 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 Kenon Holdings stocks dividend with other Electricity companies or other of the highest Israel dividend stocks list.

Kenon Holdings Dividend Payout

About the ability of Kenon Holdings to maintain his current dividend of ILS 10.60 per share, an amount that accounts for 11.72%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Kenon Holdings payout on ernings is currently 46.88%, which is higher than the market average, but lower than companies of Utilities industry, which are 39.34% and 60.08% respectively. Both figures show that Kenon Holdings should not have problems to continue paying his 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 Kenon Holdings is ILS 53.21 per share, which is higher than the dividend per share paid by the company of ILS 10.60, so the company generates enough cash to maintain his dividend in the future.

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

Kenon Holdings Dividend History

Below you will find a table with the historical evolution of Kenon Holdings'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	11.72%	10.60	46.88%	54
2022	16.22%	18.91	30.81%	54

*In millions

Kenon Holdings Stock performance

Finally, last moth Kenon Holdings showed a return of -6.60% compared to a worldwide -2.49% average, and a -2.79% of Utilities firms. Over the last year, the company obtained a -33.40% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Israel and Electricity firms.