Mizrahi Tefahot Bank Ltd., together with its subsidiaries, provides a range of international, commercial, domestic, and personal banking services to individuals and businesses in Israel, Switzerland, and internationally. It operates through six segments: Household, Small Business, Private Banking, Commercial Banking, Business Banking, and Financial Management. The company offers checking, savings, and deposits accounts; and loans, such as instant, home renovation, auto, all-purpose, student, and business; mortgages; and credit cards. It also provides foreign trade services, including import, export, and documentary credit; bank guarantees; transactions in foreign currency, which include trading in derivative instruments, factoring services, and investments in deposits and securities; financing of real estate and construction projects; mergers and acquisitions services; and private and online banking services. In addition, the company offers capital market services, including consultancy for capital market activities, distribution of mutual funds, management of securities portfolios for clients, pension advisory service, trust services, provision of registration services; operates provident funds, mutual funds, and insurance incidental to mortgages; and participates in syndication transactions, as well as engages in credit operations. As of December 31, 2021, it operated through a network of 225 branches and business centers, including 52 Bank Yahav branches and 29 Union Bank branches in Israel; and two bank affiliates. The company was formerly known as United Mizrahi Bank Limited and changed its name to Mizrahi Tefahot Bank Ltd. in November 2005. The company was incorporated in 1923 and is headquartered in Ramat Gan, Israel.
Mizrahi Tefahot Bank Dividend Announcement
• Mizrahi Tefahot Bank announced a quarterly dividend of ₪220.58 per ordinary share which will be made payable on 2024-12-05. Ex dividend date: 2024-11-28
• Mizrahi Tefahot Bank annual dividend for 2024 was ₪723.51
• Mizrahi Tefahot Bank annual dividend for 2023 was ₪540.10
• Mizrahi Tefahot Bank's trailing twelve-month (TTM) dividend yield is 3.5%
• Mizrahi Tefahot Bank's payout ratio for the trailing twelve months (TTM) is 28.46%
• Mizrahi Tefahot Bank's dividend growth over the last five years (2018-2023) was 38.51% year
Mizrahi Tefahot Bank Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-28 | ₪220.58 | quarterly | 2024-12-05 |
| 2024-08-22 | ₪224.83 | quarterly | 2024-08-29 |
| 2024-05-30 | ₪196.99 | quarterly | 2024-06-06 |
| 2024-03-19 | ₪81.11 | quarterly | |
| 2023-12-05 | ₪63.86 | quarterly | 2023-12-12 |
| 2023-08-22 | ₪190.10 | quarterly | 2023-08-29 |
| 2023-05-24 | ₪159.35 | quarterly | 2023-06-01 |
| 2023-03-21 | ₪126.79 | quarterly | 2023-03-28 |
| 2022-12-06 | ₪137.43 | quarterly | 2022-12-13 |
| 2022-08-23 | ₪122.91 | quarterly | 2022-08-30 |
| 2022-03-08 | ₪105.89 | quarterly | 2022-03-15 |
| 2021-11-23 | ₪293.47 | quarterly | 2021-11-30 |
| 2021-08-24 | ₪188.99 | quarterly | 2021-08-31 |
| 2020-03-03 | ₪74.89 | quarterly | 2020-03-11 |
| 2019-11-26 | ₪71.89 | quarterly | 2019-12-03 |
| 2019-08-20 | ₪167.21 | quarterly | 2019-08-27 |
| 2018-05-22 | ₪58.91 | quarterly | 2018-06-05 |
| 2018-03-14 | ₪47.03 | quarterly | 2018-03-26 |
| 2017-11-26 | ₪33.67 | quarterly | 2017-12-10 |
| 2017-09-10 | ₪51.63 | quarterly | 2017-09-26 |
| 2017-06-04 | ₪41.46 | quarterly | 2017-06-20 |
| 2017-04-09 | ₪17.11 | quarterly | 2017-04-26 |
| 2016-11-27 | ₪24.12 | quarterly | |
| 2016-08-25 | ₪21.99 | quarterly | |
| 2016-06-05 | ₪18.62 | quarterly | |
| 2016-03-09 | ₪15.52 | quarterly | |
| 2015-08-30 | ₪21.35 | quarterly | |
| 2015-06-01 | ₪15.84 | quarterly | |
| 2013-08-28 | ₪32.81 | quarterly | |
| 2011-04-05 | ₪53.65 | quarterly |
Mizrahi Tefahot Bank Dividend per year
Mizrahi Tefahot Bank Dividend growth
Mizrahi Tefahot Bank Dividend Yield
Mizrahi Tefahot Bank current trailing twelve-month (TTM) dividend yield is 3.5%. Interested in purchasing Mizrahi Tefahot Bank stock? Use our calculator to estimate your expected dividend yield:
Mizrahi Tefahot Bank Financial Ratios
P/E ratio8.05
PEG ratio-430.47
P/B ratio1.38
ROE17.93%
Payout ratio28.46%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
Mizrahi Tefahot Bank Dividend FAQ
How much is the next Mizrahi Tefahot Bank dividend?
Mizrahi Tefahot Bank's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Mizrahi Tefahot Bank dividend. The next Mizrahi Tefahot Bank dividend will be released in March, May, August, or December.
When is Mizrahi Tefahot Bank dividend paid?
Mizrahi Tefahot Bank pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, May, August, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Mizrahi Tefahot Bank pay?
The specific amount of Mizrahi Tefahot Bank dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Mizrahi Tefahot Bank's dividend history.
Does Mizrahi Tefahot Bank stock pay dividends?
Yes, Mizrahi Tefahot Bank does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Mizrahi Tefahot Bank's dividend history.
How much dividend does Mizrahi Tefahot Bank pay?
Mizrahi Tefahot Bank paid ₪723.51 in 2024, ₪540.105 in 2023, ₪366.227 in 2022, ₪482.464 in 2021, and ₪74.893 in 2020.
How often does Mizrahi Tefahot Bank pay dividends?
Mizrahi Tefahot Bank typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, May, August, and December.
What is Mizrahi Tefahot Bank's dividend yield?
The current dividend yield for Mizrahi Tefahot Bank is 3.5%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Mizrahi Tefahot Bank's exact dividend yield.
When does Mizrahi Tefahot Bank go ex dividend?
Mizrahi Tefahot Bank's ex-dividend date for the latest dividend was on 2024-11-28. Mizrahi Tefahot Bank typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Mizrahi Tefahot Bank dividend paid?
Mizrahi Tefahot Bank pays dividends on a quarterly basis, typically around March, May, August, or December, but the exact dates can vary each year.
Will Mizrahi Tefahot Bank increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Mizrahi Tefahot Bank will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Mizrahi Tefahot Bank dividend per share?
Mizrahi Tefahot Bank paid ₪723.51 per share in 2024 and ₪540.105 per share in 2023. The amount of dividend per share that Mizrahi Tefahot Bank pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Mizrahi Tefahot Bank a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Mizrahi Tefahot Bank a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Mizrahi Tefahot Bank a dividend stock?
Yes, Mizrahi Tefahot Bank is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Mizrahi Tefahot Bank a good dividend stock?
Whether Mizrahi Tefahot Bank is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Mizrahi Tefahot Bank has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Mizrahi Tefahot Bank as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Mizrahi Tefahot Bank as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Mizrahi Tefahot Bank pay dividends monthly?
Mizrahi Tefahot Bank typically pays dividends on a quarterly basis.
Does Mizrahi Tefahot Bank pay dividends quarterly?
Mizrahi Tefahot Bank currently pays dividends on a quarterly basis.
Has Mizrahi Tefahot Bank ever paid a dividend?
Yes, Mizrahi Tefahot Bank has a history of paying dividends to its shareholders. Mizrahi Tefahot Bank is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Mizrahi Tefahot Bank dividend stocks?
To buy Mizrahi Tefahot Bank you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Mizrahi Tefahot Bank stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Mizrahi Tefahot Bank stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Mizrahi Tefahot Bank pay dividends 2024?
Mizrahi Tefahot Bank pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-05. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Mizrahi Tefahot Bank increase its dividend in 2024?
Decisions regarding Mizrahi Tefahot Bank dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Mizrahi Tefahot Bank dividend overview you can look into the above table of dividend history.
How Mizrahi Tefahot Bank dividend works?
The Mizrahi Tefahot Bank dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Mizrahi Tefahot Bank's dividend process works:
1. Determination of Dividend: Mizrahi Tefahot Bank's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Mizrahi Tefahot Bank publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Mizrahi Tefahot Bank distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Mizrahi Tefahot Bank are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Mizrahi Tefahot Bank's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Mizrahi Tefahot Bank publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Mizrahi Tefahot Bank distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Mizrahi Tefahot Bank are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Mizrahi Tefahot Bank dividends paid?
Mizrahi Tefahot Bank dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Mizrahi Tefahot Bank sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Mizrahi Tefahot Bank distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mizrahi Tefahot Bank declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Mizrahi Tefahot Bank sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Mizrahi Tefahot Bank distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mizrahi Tefahot Bank declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Mizrahi Tefahot Bank pay dividends?
Mizrahi Tefahot Bank typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Mizrahi Tefahot Bank pay dividends?
The general pattern is that Mizrahi Tefahot Bank pays dividends around March, May, August, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Mizrahi Tefahot Bank dividend safe?
The safety of Mizrahi Tefahot Bank's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Mizrahi Tefahot Bank's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Mizrahi Tefahot Bank's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Mizrahi Tefahot Bank's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Mizrahi Tefahot Bank's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.