Elspec Engineering Ltd

TASE:ELSPC Stock Report

Market Cap: ₪145.3m

Elspec Engineering Dividends and Buybacks

Dividend criteria checks 3/6

Elspec Engineering is a dividend paying company with a current yield of 6.88% that is well covered by earnings.

Key information

6.9%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth-13.4%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per share₪0.515
Payout ratio36%

Recent dividend and buyback updates

No updates

Recent updates

Elspec Engineering Ltd's (TLV:ELSPC) Subdued P/E Might Signal An Opportunity

Nov 02
Elspec Engineering Ltd's (TLV:ELSPC) Subdued P/E Might Signal An Opportunity

Should You Be Adding Elspec Engineering (TLV:ELSPC) To Your Watchlist Today?

Aug 30
Should You Be Adding Elspec Engineering (TLV:ELSPC) To Your Watchlist Today?

Impressive Earnings May Not Tell The Whole Story For Elspec Engineering (TLV:ELSPC)

Mar 30
Impressive Earnings May Not Tell The Whole Story For Elspec Engineering (TLV:ELSPC)

Here's Why We Think Elspec Engineering (TLV:ELSPC) Is Well Worth Watching

Mar 29
Here's Why We Think Elspec Engineering (TLV:ELSPC) Is Well Worth Watching

Subdued Growth No Barrier To Elspec Engineering Ltd's (TLV:ELSPC) Price

Jan 02
Subdued Growth No Barrier To Elspec Engineering Ltd's (TLV:ELSPC) Price

Elspec Engineering (TLV:ELSPC) Is Experiencing Growth In Returns On Capital

Oct 21
Elspec Engineering (TLV:ELSPC) Is Experiencing Growth In Returns On Capital

Estimating The Intrinsic Value Of Elspec Engineering Ltd (TLV:ELSPC)

Aug 28
Estimating The Intrinsic Value Of Elspec Engineering Ltd (TLV:ELSPC)

Investors Met With Slowing Returns on Capital At Elspec Engineering (TLV:ELSPC)

Mar 31
Investors Met With Slowing Returns on Capital At Elspec Engineering (TLV:ELSPC)

Elspec Engineering (TLV:ELSPC) Will Want To Turn Around Its Return Trends

Mar 28
Elspec Engineering (TLV:ELSPC) Will Want To Turn Around Its Return Trends

Elspec Engineering (TLV:ELSPC) Has A Pretty Healthy Balance Sheet

Nov 03
Elspec Engineering (TLV:ELSPC) Has A Pretty Healthy Balance Sheet

Some Investors May Be Worried About Elspec Engineering's (TLV:ELSPC) Returns On Capital

Aug 05
Some Investors May Be Worried About Elspec Engineering's (TLV:ELSPC) Returns On Capital

These 4 Measures Indicate That Elspec Engineering (TLV:ELSPC) Is Using Debt Reasonably Well

Apr 19
These 4 Measures Indicate That Elspec Engineering (TLV:ELSPC) Is Using Debt Reasonably Well

The Returns On Capital At Elspec Engineering (TLV:ELSPC) Don't Inspire Confidence

Mar 24
The Returns On Capital At Elspec Engineering (TLV:ELSPC) Don't Inspire Confidence

Elspec Engineering Ltd.'s (TLV:ELSPC) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?

Dec 29
Elspec Engineering Ltd.'s (TLV:ELSPC) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: ELSPC's dividend payments have been volatile in the past 10 years.

Growing Dividend: ELSPC's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Elspec Engineering Dividend Yield vs Market
How does ELSPC dividend yield compare to the market?
SegmentDividend Yield
Company (ELSPC)6.9%
Market Bottom 25% (IL)2.2%
Market Top 25% (IL)6.2%
Industry Average (Electrical)1.4%
Analyst forecast (ELSPC) (up to 3 years)n/a

Notable Dividend: ELSPC's dividend (6.88%) is higher than the bottom 25% of dividend payers in the IL market (2.2%).

High Dividend: ELSPC's dividend (6.88%) is in the top 25% of dividend payers in the IL market (6.17%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (36.2%), ELSPC's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: ELSPC is paying a dividend but the company has no free cash flows.


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