Menif - Financial Services Ltd

TASE:MNIF Stock Report

Market Cap: ₪684.0m

Menif - Financial Services Dividend

Dividend criteria checks 2/6

Menif - Financial Services is a dividend paying company with a current yield of 2.89% that is well covered by earnings.

Key information

2.9%

Dividend yield

14%

Payout ratio

Industry average yield3.8%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per share₪2.17
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

Does Menif - Financial Services (TLV:MNIF) Deserve A Spot On Your Watchlist?

Jan 05
Does Menif - Financial Services (TLV:MNIF) Deserve A Spot On Your Watchlist?

Take Care Before Diving Into The Deep End On Menif Financial Services, Ltd. (TLV:MNIF)

May 10
Take Care Before Diving Into The Deep End On Menif Financial Services, Ltd. (TLV:MNIF)

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 has only been paying a dividend for 3 years, and since then payments have fallen.


Dividend Yield vs Market

Menif - Financial Services Dividend Yield vs Market
How does MNIF dividend yield compare to the market?
SegmentDividend Yield
Company (MNIF)2.9%
Market Bottom 25% (IL)2.5%
Market Top 25% (IL)6.7%
Industry Average (Diversified Financial)3.8%
Analyst forecast in 3 Years (MNIF)n/a

Notable Dividend: MNIF's dividend (2.89%) is higher than the bottom 25% of dividend payers in the IL market (2.49%).

High Dividend: MNIF's dividend (2.89%) is low compared to the top 25% of dividend payers in the IL market (6.67%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (13.7%), 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.


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