Averbuch Formica Center Ltd., together with its subsidiaries, produces and trades in raw materials for wood and by products and furniture industry in Israel. It develops and markets fronts and doors for kitchen cabinets and furniture items, covered wood products, post forming high pressure laminated panels (HPL), aluminum profiles and handles, PVC doors, color-finished doors, glass and porcelain cladding, and acrylic panels. The company also imports and distributes HPL, plywood, soft/hard woods, exterior/interior wall claddings, woodworks, and wood molds for building and carpentry industries. In addition, it manufactures laminate products. Further, the company operates a showroom for architects, interior designers, carpenters, and their customers. The company is based in Tel Aviv-Yafo, Israel.
Averbuch Formica Center Dividend Announcement
• Averbuch Formica Center announced a semi annually dividend of ₪95.00 per ordinary share which will be made payable on 2022-10-12. Ex dividend date: 2022-09-29
• Averbuch Formica Center's trailing twelve-month (TTM) dividend yield is -%
Averbuch Formica Center Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2022-09-29 | ₪95.00 | semi annually | 2022-10-12 |
2022-01-30 | ₪118.75 | semi annually | 2022-02-07 |
2021-06-16 | ₪95.00 | semi annually | 2021-06-22 |
2020-12-27 | ₪47.50 | semi annually | 2021-01-05 |
2020-02-20 | ₪35.63 | semi annually | 2020-03-05 |
2019-01-24 | ₪29.69 | semi annually | 2019-02-04 |
2018-08-16 | ₪17.81 | semi annually | 2018-09-03 |
2017-09-04 | ₪47.50 | semi annually | 2017-09-18 |
2017-05-22 | ₪35.63 | semi annually | 2017-06-04 |
2016-10-19 | ₪29.69 | semi annually | |
2016-01-21 | ₪23.75 | semi annually | |
2013-12-08 | ₪29.69 | semi annually | |
2009-05-05 | ₪28.98 | semi annually | |
2008-04-24 | ₪56.73 | semi annually | |
2007-09-10 | ₪17.78 | semi annually | |
2005-05-18 | ₪11.85 | semi annually |
Averbuch Formica Center Dividend per year
Averbuch Formica Center Dividend growth
Averbuch Formica Center Dividend Yield
Averbuch Formica Center current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Averbuch Formica Center stock? Use our calculator to estimate your expected dividend yield:
Averbuch Formica Center Financial Ratios
Averbuch Formica Center Dividend FAQ
Other factors to consider when evaluating Averbuch Formica Center 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: Averbuch Formica Center'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, Averbuch Formica Center 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, Averbuch Formica Center 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 Averbuch Formica Center 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: Averbuch Formica Center 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, Averbuch Formica Center distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Averbuch Formica Center 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 Averbuch Formica Center'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 Averbuch Formica Center'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.