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Mizrahi Tefahot Bank (XTAE:MZTF) Dividend Yield % : 3.62% (As of May. 01, 2024)


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What is Mizrahi Tefahot Bank Dividend Yield %?

As of today (2024-05-01), the Trailing Annual Dividend Yield of Mizrahi Tefahot Bank is 3.62%.

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

XTAE:MZTF' s Dividend Yield % Range Over the Past 10 Years
Min: 0.32   Med: 2   Max: 5.45
Current: 3.62

During the past 13 years, the highest Dividend Yield of Mizrahi Tefahot Bank was 5.45%. The lowest was 0.32%. And the median was 2.00%.

XTAE:MZTF's Dividend Yield % is ranked worse than
55.79% of 1208 companies
in the Banks industry
Industry Median: 4.05 vs XTAE:MZTF: 3.62

Mizrahi Tefahot Bank's Dividend Payout Ratio for the three months ended in Jun. 2023 was 0.29.

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.

As of today (2024-05-01), the Forward Dividend Yield % of Mizrahi Tefahot Bank is 2.37%.

Mizrahi Tefahot Bank's Dividends per Share for the three 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 Yield % Historical Data

The historical data trend for Mizrahi Tefahot Bank'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.

Mizrahi Tefahot Bank Dividend Yield % Chart

Mizrahi Tefahot Bank 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 2.60 1.98 4.02 3.22 3.86

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 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 4.16 3.22 3.45 4.43 3.86

Competitive Comparison of Mizrahi Tefahot Bank's Dividend Yield %

For the Banks - Regional subindustry, Mizrahi Tefahot Bank'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.


Mizrahi Tefahot Bank's Dividend Yield % Distribution in the Banks Industry

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

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



Mizrahi Tefahot Bank Dividend Yield % Calculation

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

Mizrahi Tefahot Bank Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
ILS 0.8110002024-03-192024-03-192024-03-28Cash DividendquarterlyILS:ILS 1.000000
ILS 0.6390002023-12-052023-12-052023-12-12Cash DividendquarterlyILS:ILS 1.000000
ILS 1.9010002023-08-222023-08-222023-08-29Cash DividendquarterlyILS:ILS 1.000000
ILS 1.5930002023-05-242023-05-242023-06-01Cash 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.

Mizrahi Tefahot Bank's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=4.944/135.50
=3.65 %

Current Share Price is ₪135.50.
Mizrahi Tefahot Bank's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₪4.944.

Mizrahi Tefahot Bank's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=3.244/135.50
=2.39 %

Current Share Price is ₪135.50.
Mizrahi Tefahot Bank's Dividends per Share for the forward twelve months is calculated as ₪0.811 * 4 = ₪3.244.

* 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 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.


Mizrahi Tefahot Bank Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Mizrahi Tefahot Bank's Dividend Yield % 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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