More Provident Funds Dividends and Buybacks
Dividend criteria checks 3/6
More Provident Funds is a dividend paying company with a current yield of 2.57% that is well covered by earnings.
Key information
2.5%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 2.5% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₪0.156 |
| Payout ratio | 45% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether MPP's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if MPP's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| More Provident Funds Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MPP) | 2.5% |
| Market Bottom 25% (IL) | 2.3% |
| Market Top 25% (IL) | 6.2% |
| Industry Average (Capital Markets) | 4.5% |
| Analyst forecast (MPP) (up to 3 years) | n/a |
Notable Dividend: MPP's dividend (2.57%) is higher than the bottom 25% of dividend payers in the IL market (2.25%).
High Dividend: MPP's dividend (2.57%) is low compared to the top 25% of dividend payers in the IL market (6.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.7%), MPP's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (61%), MPP's dividend payments are covered by cash flows.