Mizrahi Tefahot Bank Dividend yield

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

Mizrahi Tefahot Bank stock dividend

Mizrahi Tefahot Bank paid a total dividend of 1,575 million ILS last year, for a market value of 32,176 millions (Market Cap 1,715,553 millions). Mizrahi Tefahot Bank dividend per share is 6.13 ILS, and his stock market price 125.20 ILS.

According to the chart below, where dividend yield is displayed, Mizrahi Tefahot Bank has a dividend yield of 4.90%, 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 Mizrahi Tefahot Bank stocks dividend with other Banks companies or other of the high Israel dividend stocks list.

Mizrahi Tefahot Bank Dividend Payout

About the ability of Mizrahi Tefahot Bank to maintain his current dividend of ILS 6.13 per share, an amount that accounts for 4.90%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Mizrahi Tefahot Bank payout on ernings is currently 35.25%, 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 Mizrahi Tefahot 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 Mizrahi Tefahot Bank is ILS 9.41 per share, which is higher than the dividend per share paid by the company of ILS 6.13, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Mizrahi Tefahot Bank, compared againt world market average, Israel companies, Financials industry and Banks sector companies.

Mizrahi Tefahot Bank Dividend History

Below you will find a table with the historical evolution of Mizrahi Tefahot 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	4.90%	6.13	35.25%	257
2022	3.22%	3.67	29.64%	257
2021	4.02%	4.82	76.27%	255
2020	1.01%	0.75	10.40%	255
2019	2.60%	2.39	46.50%	234
2018	3.03%	1.91	32.99%	233
2017	2.24%	1.44	26.47%	232
2016	1.49%	0.80	16.23%	230
2015	0.81%	0.37	7.84%	230

*In millions

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

Mizrahi Tefahot Bank Stock performance

Finally, last moth Mizrahi Tefahot Bank showed a return of -5.70% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a -7.90% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Israel and Banks firms.