TVAVF (Tel Aviv Stock Exchange) Dividend Payout Ratio: 1.91 (As of Mar. 2026) — 416% Above Median


TVAVF Tel Aviv Stock Exchange Ltd TVAVF
74 GF Score
Price $43.26
GF Value $20.21
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Tel Aviv Stock Exchange Dividend Payout Ratio?

Tel Aviv Stock Exchange TVAVF -2.16% 74 Dividend Payout Ratio is 1.91 as of Mar. 2026, which is 416% above its 10-year median of 0.37. GuruFocus rates TVAVF with a GF Score™ of 74/100 and a GF Value™ of $20.21 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 327 Capital Markets companies, Tel Aviv Stock Exchange ranks worse than 77.98% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Tel Aviv Stock Exchange's Dividend Payout Ratio for the months ended in Mar. 2026 was 1.91.

The historical rank and industry rank for Tel Aviv Stock Exchange's Dividend Payout Ratio or its related term are showing as below:

TVAVF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.37   Max: 0.66
Current: 0.66


During the past 11 years, the highest Dividend Payout Ratio of Tel Aviv Stock Exchange was 0.66. The lowest was 0.25. And the median was 0.37.

TVAVF's Dividend Payout Ratio is ranked worse than
77.98% of 327 companies
in the Capital Markets industry
Industry Median: 0.34 vs TVAVF: 0.66

As of today (2026-06-28), the Dividend Yield % of Tel Aviv Stock Exchange is 1.15%.

During the past 11 years, the highest Trailing Annual Dividend Yield of Tel Aviv Stock Exchange was 1.84%. The lowest was 0.34%. And the median was 1.01%.

Tel Aviv Stock Exchange's Dividends per Share for the months ended in Mar. 2026 was $0.53.

During the past 12 months, Tel Aviv Stock Exchange's average Dividends Per Share Growth Rate was 181.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 35.80% per year.

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of Tel Aviv Stock Exchange was 35.80% per year. The lowest was 35.20% per year. And the median was 35.50% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Tel Aviv Stock Exchange (OTCPK:TVAVF) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.


Tel Aviv Stock Exchange Dividend Payout Ratio Related Terms


Tel Aviv Stock Exchange Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Tel Aviv Stock Exchange'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.

Tel Aviv Stock Exchange Dividend Payout Ratio Chart

Tel Aviv Stock Exchange Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.37 0.00 0.44 0.29

Tel Aviv Stock Exchange Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.45 0.00 0.00 0.00 1.91

TVAVF vs SPGI, CME, ICE: Dividend Payout Ratio Comparison

For the Financial Data & Stock Exchanges subindustry, Tel Aviv Stock Exchange'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.


Tel Aviv Stock Exchange Dividend Payout Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Tel Aviv Stock Exchange's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Tel Aviv Stock Exchange's Dividend Payout Ratio falls into.


TVAVF
74GF Score
Tel Aviv Stock Exchange Ltd TVAVF
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tel Aviv Stock Exchange Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Tel Aviv Stock Exchange's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=0.187/ 0.635
=0.29

Tel Aviv Stock Exchange's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0.527/ 0.276
=1.91

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 1.91 mean?
Tel Aviv Stock Exchange (TVAVF) has a Dividend Payout Ratio of 1.91 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Tel Aviv Stock Exchange and its competitors. This is 416% above median its historical median of 0.37. Over the past decade, Tel Aviv Stock Exchange's Dividend Payout Ratio has ranged from 0.25 to 0.66. According to the industry distribution chart, Tel Aviv Stock Exchange ranks #255 out of 327 companies in the Capital Markets industry, placing it in the top 78%.
Is Tel Aviv Stock Exchange's Dividend Payout Ratio too high?
Tel Aviv Stock Exchange's current Dividend Payout Ratio of 1.91 is 416% above median its 10-year median of 0.37. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 0.66. The Capital Markets industry median Dividend Payout Ratio is 0.34. Tel Aviv Stock Exchange's value of 1.91 is 461.8% above this industry median. Based on the distribution chart, Tel Aviv Stock Exchange ranks #255 out of 327 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Tel Aviv Stock Exchange has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tel Aviv Stock Exchange's Dividend Payout Ratio compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Tel Aviv Stock Exchange ranks #255 out of 327 companies for Dividend Payout Ratio. This places Tel Aviv Stock Exchange in the lower half of its industry. The industry median Dividend Payout Ratio is 0.34. Tel Aviv Stock Exchange's value of 1.91 is 461.8% above this benchmark. Historically, Tel Aviv Stock Exchange's own Dividend Payout Ratio has ranged from 0.25 to 0.66 over the past decade. While the company's 10-year median is 0.37 vs. the industry median of 0.34, Tel Aviv Stock Exchange has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Capital Markets company?
The median Dividend Payout Ratio among Capital Markets companies is 0.34, based on 327 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tel Aviv Stock Exchange's current Dividend Payout Ratio of 1.91 is 461.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Tel Aviv Stock Exchange and its competitors. For the Capital Markets industry, the median Dividend Payout Ratio is 0.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tel Aviv Stock Exchange's current Dividend Payout Ratio is 1.91, which is 416% above median its own 10-year median of 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tel Aviv Stock Exchange stock overvalued right now?
Based on GuruFocus' analysis, Tel Aviv Stock Exchange (TVAVF) is currently considered Significantly Overvalued. The stock's GF Value™ is $20.21, compared to a current price of $43.26 — trading 114% above its estimated fair value. The current Dividend Payout Ratio is 1.91, which is 416% above median its 10-year median of 0.37 and 461.8% above the Capital Markets industry median of 0.34. Tel Aviv Stock Exchange's overall GF Score™ is 74/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Tel Aviv Stock Exchange (TVAVF), the current Dividend Payout Ratio is 1.91 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tel Aviv Stock Exchange (TVAVF) Overvalued in 2026?

Based on GuruFocus' analysis, Tel Aviv Stock Exchange stock appears to be overvalued. The current stock price of $43.26 is trading 114% above its estimated GF Value™ of $20.21. GuruFocus considers Tel Aviv Stock Exchange to be Significantly Overvalued.

Key valuation signals for TVAVF:

  • Dividend Payout Ratio: 1.91 (416% above median its 10-year median of 0.37)
  • GF Value™: $20.21 vs. price of $43.26 (114% above fair value)
  • GF Score™: 74/100 with 1 warning sign
  • Industry Position: 461.8% above the Capital Markets median (#255 of 327)

No single metric tells the full story. See the TVAVF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tel Aviv Stock Exchange Business Description

Other Exchanges TASE:Israel
Address 2 Ahuzat Bayit Street, Yafo, Tel Aviv, ISR, 6525216
Tel Aviv Stock Exchange Ltd is engaged in managing a securities stock exchange and in related activities. The company deals in securities, indices, derivative market, securities listing, research, statistics, and others.
74GF Score

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Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$43.26
Price
$20.21
GF Value