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Mizrahi Tefahot Bank (XTAE:MZTF) Dividend Payout Ratio : 0.29 (As of Jun. 2023)


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What is Mizrahi Tefahot Bank Dividend Payout Ratio?

Mizrahi Tefahot Bank's dividend payout ratio for the months ended in Jun. 2023 was 0.29.

The historical rank and industry rank for Mizrahi Tefahot Bank's Dividend Payout Ratio or its related term are showing as below:

XTAE:MZTF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.22   Max: 0.39
Current: 0.15


During the past 13 years, the highest Dividend Payout Ratio of Mizrahi Tefahot Bank was 0.39. The lowest was 0.08. And the median was 0.22.

XTAE:MZTF's Dividend Payout Ratio is ranked better than
87.16% of 1090 companies
in the Banks industry
Industry Median: 0.35 vs XTAE:MZTF: 0.15

As of today (2024-05-19), the Dividend Yield % of Mizrahi Tefahot Bank is 3.71%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Mizrahi Tefahot Bank was 5.45%. The lowest was 0.32%. And the median was 2.01%.

Mizrahi Tefahot Bank's Dividends per Share for the months ended in Jun. 2023 was ₪1.59.

During the past 12 months, Mizrahi Tefahot Bank's average Dividends Per Share Growth Rate was 47.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 93.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 38.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Mizrahi Tefahot Bank was 93.20% per year. The lowest was -28.50% per year. And the median was 25.70% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Mizrahi Tefahot Bank Dividend Payout Ratio Historical Data

The historical data trend for Mizrahi Tefahot Bank's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mizrahi Tefahot Bank Dividend Payout Ratio Chart

Mizrahi Tefahot Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.11 0.39 0.22 0.28

Mizrahi Tefahot Bank Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.27 0.33 0.24 0.29 -

Competitive Comparison of Mizrahi Tefahot Bank's Dividend Payout Ratio

For the Banks - Regional subindustry, Mizrahi Tefahot Bank's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mizrahi Tefahot Bank's Dividend Payout Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mizrahi Tefahot Bank's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Mizrahi Tefahot Bank's Dividend Payout Ratio falls into.



Mizrahi Tefahot Bank Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Mizrahi Tefahot Bank's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=5.401/ 19
=0.28

Mizrahi Tefahot Bank's Dividend Payout Ratio for the quarter that ended in Jun. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2023 )/ EPS without NRI (Q: Jun. 2023 )
=1.593/ 5.41
=0.29

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mizrahi Tefahot Bank (XTAE:MZTF) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Mizrahi Tefahot Bank Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Mizrahi Tefahot Bank's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Mizrahi Tefahot Bank (XTAE:MZTF) Business Description

Traded in Other Exchanges
Address
7 Jabotinsky Street, P.O. Box 3450, Ramat Gan, ISR, 5252007
Mizrahi Tefahot Bank Ltd offers commercial and personal banking services. The company reports seven core segments: household, consisting of individuals with assets less than ILS 3 million in assets; private banking, consisting of individuals with financial assets greater than ILS 3 million; micro and small business; medium business; large business; institutional investor, servicing asset managers, fund managers, and insurance companies; and financial management, including trade operations, asset, and liability management, and miscellaneous investments. Approximately half of the company's total revenue comes from the household segment. The company operates through a branch network spanning Israel, Europe, and the Americas.

Mizrahi Tefahot Bank (XTAE:MZTF) Headlines

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