Ashot Ashkelon Industries Ltd. develops, manufactures, assembles, and supplies systems and components for aerospace and defense in Israel and internationally. It offers aerospace products, such as engine shafts and rotating parts; high lift system components, including universal joints, transmissions and gearboxes, lever bearing arms, and long and short shafts for rotary actuation; landing gears components for turbo prop and business jet aircraft; electro and mechanical assemblies for aerospace applications; gearboxes, transmissions, and gear-based products; and tungsten products, which are installed in various aircrafts to balance weights in the wing fuselage, vertical and horizontal stabilizers, helicopter rotors, propellers, and aerospace instruments. The company also provides land products comprising automated transmission products used in heavy-duty vehicles; final drive products; suspension systems, which include rotary and linear, shock absorbers, road arms, suspension springs and arms, tension mechanism, and road wheels tracks; and upgrade packages. It also serves agriculture, mining, marine, oil and gas, printing, construction, industrial, and commercial markets. The company is based in Ashkelon, Israel. Ashot Ashkelon Industries Ltd. operates as a subsidiary of Lahav Haherev Ltd.
Ashothkelon Industries Dividend Announcement
• Ashothkelon Industries announced a semi annually dividend of ₪63.00 per ordinary share which will be made payable on 2024-12-11. Ex dividend date: 2024-12-03
• Ashothkelon Industries annual dividend for 2024 was ₪96.94
• Ashothkelon Industries annual dividend for 2023 was ₪84.84
• Ashothkelon Industries's trailing twelve-month (TTM) dividend yield is 2.06%
• Ashothkelon Industries's payout ratio for the trailing twelve months (TTM) is 56.03%
Ashothkelon Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-03 | ₪63.00 | semi annually | 2024-12-11 |
2024-05-29 | ₪33.94 | semi annually | 2024-06-06 |
2023-08-28 | ₪42.42 | semi annually | 2023-09-04 |
2023-04-09 | ₪42.42 | semi annually | 2023-04-19 |
2022-11-23 | ₪14.85 | semi annually | 2022-12-01 |
2013-07-25 | ₪14.24 | semi annually | |
2012-04-16 | ₪25.45 | semi annually | |
2000-12-14 | ₪46.94 | semi annually |
Ashothkelon Industries Dividend per year
Ashothkelon Industries Dividend growth
Ashothkelon Industries Dividend Yield
Ashothkelon Industries current trailing twelve-month (TTM) dividend yield is 2.06%. Interested in purchasing Ashothkelon Industries stock? Use our calculator to estimate your expected dividend yield:
Ashothkelon Industries Financial Ratios
Ashothkelon Industries Dividend FAQ
Other factors to consider when evaluating Ashothkelon Industries 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.
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1. Determination of Dividend: Ashothkelon Industries'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, Ashothkelon Industries 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, Ashothkelon Industries 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 Ashothkelon Industries 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. Record Date: Ashothkelon Industries 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, Ashothkelon Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Ashothkelon Industries 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.
To assess the safety of Ashothkelon Industries'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 Ashothkelon Industries'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.