Paz Oil Dividend yield




   ILS/share 
 Price  344.50
 Dividend  5.89
 Earnings  -24.26
 Cash-flow  56.48
 Book value  382.78
 Equity  391.29

Paz Oil is part of Oil and Gas Producers business, which is part of Oil and Gas industry. Paz Oil is a company from Israel, and his stocks are publicly traded.

Paz Oil paid a total dividend of 59 million ILS last year, for a market value of 3,445 millions (Market Cap 334,839 millions). Dividend per share of Paz Oil is 5.89 ILS, and his stock market price 344.50 ILS.

According to the chart below, where dividend yield is displayed, Paz Oil has a dividend yield of 1.71%, lower than the amount offered by both the market average and companies from Israel. It is also lower than average of Oil and Gas industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Paz Oil dividend yield with other Oil and Gas Producers companies or firms from Israel.

Dividend yield of Paz Oil

Paz Oil Dividend Payout

About the ability of Paz Oil to maintain his current dividend of ILS 5.89 per share, an amount that accounts for 1.71%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Paz Oil payout on ernings is currently -24.28%, which is lower than the market average and companies of Oil and Gas industry, which are 38.57% and 45.97% respectively. Both figures lead us to believe that there is confidence that Paz Oilcan 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 Paz Oil is ILS 56.48 per share, which is higher than the dividend per share paid by the company of ILS 5.89, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Paz Oil, compared againt world market average, Israel companies, Oil and Gas industry and Oil and Gas Producers sector companies.

Paz Oil payout

Paz Oil Dividend History

Year Yield  ILS  Paypout  Shares* 
Present1.71%5.89-24.28%10
20195.63%27.5365.88%10
20186.98%39.3767.00%10
20174.91%29.5652.05%10
20166.48%41.4155.73%10
20158.13%49.27240.69%10

*In millions

Paz Oil Stock performance

Finally, last moth Paz Oil showed a return of 4.50% compared to a worldwide 3.99% average, and a 5.49% of Oil and Gas firms. Over the last year, the company obtained a -29.50% versus a worldwide performance of a 6.65%. More detailed information can be seen in the following graph for Israel and Oil and Gas Producers firms.

Paz Oil stock and market return