Phoenix Holdings Dividend yield

 Price  38.11
 Dividend  1.17
 Earnings  6.15
 Cash-flow  11.91
 Book value  38.11
 Equity  39.17

Phoenix Holdings is part of Nonlife Insurance business, which is part of Financials industry. Phoenix Holdings is a company from Israel, and his stocks are publicly traded.

Phoenix Holdings stock dividend

Phoenix Holdings paid a total dividend of 296 million ILS last year, for a market value of 9,642 millions (Market Cap 621,689 millions). Phoenix Holdings dividend per share is 1.17 ILS, and his stock market price 38.11 ILS.

According to the chart below, where dividend yield is displayed, Phoenix Holdings has a dividend yield of 3.08%, lower than the amount offered by both the market average and companies from Israel. It is also lower than average of Financials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Phoenix Holdings stocks dividend with other Nonlife Insurance companies or other of the high Israel dividend stocks list.

Dividend yield of Phoenix Holdings

Phoenix Holdings Dividend Payout

About the ability of Phoenix Holdings to maintain his current dividend of ILS 1.17 per share, an amount that accounts for 3.08%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Phoenix Holdings payout on ernings is currently 19.02%, 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 Phoenix Holdingscan 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 Phoenix Holdings is ILS 11.91 per share, which is higher than the dividend per share paid by the company of ILS 1.17, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Phoenix Holdings, compared againt world market average, Israel companies, Financials industry and Nonlife Insurance sector companies.

Phoenix Holdings payout

Phoenix Holdings Dividend History

Below you will find a table with the historical evolution of Phoenix 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* 

*In millions

Phoenix Holdings Stock performance

Finally, last moth Phoenix Holdings showed a return of 0.80% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a -5.40% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Israel and Nonlife Insurance firms.

Phoenix Holdings stock and market return