Harel Investments & Services Ltd Dividend yield




   ILS/share 
 Price  39.10
 Dividend  1.67
 Earnings  6.63
 Cash-flow  5.84
 Book value  43.44
 Equity  38.77

Harel Investments & Services Ltd is part of Nonlife Insurance business, which is part of Financials industry. Harel Investments & Services Ltd is a company from Israel, and his stocks are publicly traded.

Harel Investments & Services Ltd paid a total dividend of 357 million ILS last year, for a market value of 8,367 millions (Market Cap 435,791 millions). Dividend per share of Harel Investments & Services Ltd is 1.67 ILS, and his stock market price 39.10 ILS.

According to the chart below, where dividend yield is displayed, Harel Investments & Services Ltd has a dividend yield of 4.27%, 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 Harel Investments & Services Ltd dividend yield with other Nonlife Insurance companies or firms from Israel.

Dividend yield of Harel Investments & Services Ltd

Harel Investments & Services Ltd Dividend Payout

About the ability of Harel Investments & Services Ltd to maintain his current dividend of ILS 1.67 per share, an amount that accounts for 4.27%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Harel Investments & Services Ltd payout on ernings is currently 25.19%, which is lower than the market average and companies of Financials industry, which are 38.25% and 41.38% respectively. Both figures lead us to believe that there is confidence that Harel Investments & Services Ltdcan 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 Harel Investments & Services Ltd is ILS 5.84 per share, which is higher than the dividend per share paid by the company of ILS 1.67, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Harel Investments & Services Ltd, compared againt world market average, Israel companies, Financials industry and Nonlife Insurance sector companies.

Harel Investments & Services Ltd payout

Harel Investments & Services Ltd Dividend History

Year Yield  ILS  Paypout  Shares* 
Present4.27%1.6725.19%214
20214.72%1.6739.67%214
20200.00%0.000.00%214
20195.94%1.6044.57%214
20188.74%2.1555.99%214
20178.43%2.1574.14%214
20167.95%1.3041.27%212
201510.46%1.6064.78%212

*In millions

Harel Investments & Services Ltd Stock performance

Finally, last moth Harel Investments & Services Ltd showed a return of 0.60% compared to a worldwide 1.12% average, and a 1.75% of Financials firms. Over the last year, the company obtained a 15.90% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for Israel and Nonlife Insurance firms.

Harel Investments & Services Ltd stock and market return