Meitav Trade Investments Dividends and Buybacks
Dividend criteria checks 4/6
Meitav Trade Investments is a dividend paying company with a current yield of 7.69% that is well covered by earnings.
Key information
7.7%
Dividend yield
-16.3%
Buyback Yield
| Total Shareholder Yield | -8.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₪0.840 |
| Payout ratio | 29% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether MTRD's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if MTRD's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Meitav Trade Investments Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MTRD) | 7.7% |
| Market Bottom 25% (IL) | 2.3% |
| Market Top 25% (IL) | 6.2% |
| Industry Average (Capital Markets) | 4.5% |
| Analyst forecast (MTRD) (up to 3 years) | n/a |
Notable Dividend: MTRD's dividend (7.69%) is higher than the bottom 25% of dividend payers in the IL market (2.27%).
High Dividend: MTRD's dividend (7.69%) is in the top 25% of dividend payers in the IL market (6.23%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.1%), MTRD's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55%), MTRD's dividend payments are covered by cash flows.