Menif - Financial Services Dividend
Dividend criteria checks 2/6
Menif - Financial Services is a dividend paying company with a current yield of 5.34% that is well covered by earnings.
Key information
5.3%
Dividend yield
7%
Payout ratio
| Industry average yield | 4.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₪2.06 |
| Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MNIF has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MNIF's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Menif - Financial Services Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MNIF) | 5.3% |
| Market Bottom 25% (IL) | 2.4% |
| Market Top 25% (IL) | 6.8% |
| Industry Average (Diversified Financial) | 4.3% |
| Analyst forecast in 3 Years (MNIF) | n/a |
Notable Dividend: MNIF's dividend (5.34%) is higher than the bottom 25% of dividend payers in the IL market (2.38%).
High Dividend: MNIF's dividend (5.34%) is low compared to the top 25% of dividend payers in the IL market (6.85%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (7.2%), MNIF's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: MNIF is paying a dividend but the company has no free cash flows.