Menif - Financial Services Dividends and Buybacks
Dividend criteria checks 1/6
Menif - Financial Services is a dividend paying company with a current yield of 1.98% that is well covered by earnings.
Key information
2.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -20.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₪0.322 |
| Payout ratio | 15% |
Recent dividend and buyback updates
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 4 years, and since then payments have fallen.
Dividend Yield vs Market
| Menif - Financial Services Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MNIF) | 2.0% |
| Market Bottom 25% (IL) | 2.3% |
| Market Top 25% (IL) | 6.3% |
| Industry Average (Diversified Financial) | 3.2% |
| Analyst forecast (MNIF) (up to 3 years) | n/a |
Notable Dividend: MNIF's dividend (1.98%) isn’t notable compared to the bottom 25% of dividend payers in the IL market (2.3%).
High Dividend: MNIF's dividend (1.98%) is low compared to the top 25% of dividend payers in the IL market (6.3%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (14.9%), 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.