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Opal Balance Investments (XTAE:OPAL) Dividend Yield % : 7.71% (As of May. 11, 2024)


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What is Opal Balance Investments Dividend Yield %?

As of today (2024-05-11), the Trailing Annual Dividend Yield of Opal Balance Investments is 7.71%.

The historical rank and industry rank for Opal Balance Investments's Dividend Yield % or its related term are showing as below:

XTAE:OPAL' s Dividend Yield % Range Over the Past 10 Years
Min: 1   Med: 4.23   Max: 13.3
Current: 7.71

During the past 11 years, the highest Dividend Yield of Opal Balance Investments was 13.30%. The lowest was 1.00%. And the median was 4.23%.

XTAE:OPAL's Dividend Yield % is ranked better than
92.7% of 356 companies
in the Capital Markets industry
Industry Median: 2.34 vs XTAE:OPAL: 7.71

Opal Balance Investments's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.23.

During the past 11 years, the highest Dividend Payout Ratio of Opal Balance Investments was 0.50. The lowest was 0.25. And the median was 0.44.

As of today (2024-05-11), the Forward Dividend Yield % of Opal Balance Investments is 12.13%.

Opal Balance Investments's Dividends per Share for the three months ended in Dec. 2023 was ₪0.01.

During the past 12 months, Opal Balance Investments's average Dividends Per Share Growth Rate was -22.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -1.40% per year.

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of Opal Balance Investments was 45.30% per year. The lowest was -2.10% per year. And the median was 3.75% per year.

The growth rate is calculated with least square regression.

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


Opal Balance Investments Dividend Yield % Historical Data

The historical data trend for Opal Balance Investments's Dividend Yield % 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.

Opal Balance Investments Dividend Yield % Chart

Opal Balance Investments Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.49 2.79 4.40 7.55 8.06

Opal Balance Investments Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % 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 7.55 8.77 7.67 8.57 8.06

Competitive Comparison of Opal Balance Investments's Dividend Yield %

For the Capital Markets subindustry, Opal Balance Investments's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.


Opal Balance Investments's Dividend Yield % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Opal Balance Investments's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Opal Balance Investments's Dividend Yield % falls into.



Opal Balance Investments Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Opal Balance Investments Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
ILS 0.0495962024-03-252024-03-252024-04-02Cash DividendquarterlyILS:ILS 1.000000
ILS 0.0143402023-11-302023-11-302023-12-10Cash DividendquarterlyILS:ILS 1.000000
ILS 0.0305912023-08-292023-08-292023-09-05Cash DividendquarterlyILS:ILS 1.000000
ILS 0.0315472023-06-012023-06-012023-06-11Cash DividendquarterlyILS:ILS 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Opal Balance Investments's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.126074/1.635
=7.71 %

Current Share Price is ₪1.635.
Opal Balance Investments's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₪0.126074.

Opal Balance Investments's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.198384/1.635
=12.13 %

Current Share Price is ₪1.635.
Opal Balance Investments's Dividends per Share for the forward twelve months is calculated as ₪0.049596 * 4 = ₪0.198384.

* 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.


Opal Balance Investments  (XTAE:OPAL) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Opal Balance Investments Dividend Yield % Related Terms

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Opal Balance Investments (XTAE:OPAL) Business Description

Traded in Other Exchanges
N/A
Address
47 Jabotinsky St., Ashdod, ISR, 65180
Opal Balance Investments Ltd offers various financing and cash solutions.