Mizrahi Tefahot Bank Dividend yield




   ILS/share 
 Price  125.20
 Dividend  5.88
 Earnings  12.52
 Cash-flow  19.56
 Book value  83.47
 Equity  77.76

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 paid a total dividend of 1,499 million ILS last year, for a market value of 31,926 millions (Market Cap 1,702,508 millions). Dividend per share of Mizrahi Tefahot Bank is 5.88 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 4.70%, 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 dividend yield with other Banks companies or firms from Israel.

Dividend yield of Mizrahi Tefahot Bank

Mizrahi Tefahot Bank Dividend Payout

About the ability of Mizrahi Tefahot Bank to maintain his current dividend of ILS 5.88 per share, an amount that accounts for 4.70%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Mizrahi Tefahot Bank payout on ernings is currently 46.96%, which is higher than the market average, and companies of Financials industry, which are 38.25% and 41.38% respectively. Both figures show that Mizrahi Tefahot Bank can have problems to keep with his present dividend yield.

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 19.56 per share, which is higher than the dividend per share paid by the company of ILS 5.88, 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 payout

Mizrahi Tefahot Bank Dividend History

Year Yield  ILS  Paypout  Shares* 
Present4.70%5.8846.96%255
20214.02%4.8276.27%255
20201.01%0.7510.40%255
20192.60%2.3946.50%234
20183.03%1.9132.99%233
20172.24%1.4426.47%232
20161.49%0.8016.23%230
20150.81%0.377.84%230

*In millions

Mizrahi Tefahot Bank Stock performance

Finally, last moth Mizrahi Tefahot Bank showed a return of 0.10% compared to a worldwide 1.12% average, and a 1.75% of Financials firms. Over the last year, the company obtained a 43.70% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for Israel and Banks firms.

Mizrahi Tefahot Bank stock and market return