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Avrot Industries Ltd engages in the lining and coating of steel pipes in Israel. The company offers protected steel pipes, such as APC pipes, internal linings and external coatings by cement mortar, APC GAL galvanized pipes, APC P/E–external fusion-bonded powder coatings, heat shrinkable tapes and sheets, APC fittings, elbows, branches, reduced branches, reducers, and caps; sewage and drainage pipes; and solutions to protect against corrosion. It also manufactures and sells plastics for industrial and chemical industries, as well as research and other purposes. The company's products have applications in the transportation of water, sewage, seawater, gas, and petrol in the industrial, municipal, and agricultural sectors. Avrot Industries Ltd was founded in 1984 and is based in Be'erot Yitzhak, Israel. Avrot Industries Ltd is a subsidiary of Shapir Engineering and Industry Ltd.

Avrot Industries Dividend Announcement

Avrot Industries announced a annually dividend of ₪0.10 per ordinary share which will be made payable on . Ex dividend date: 2005-12-20
Avrot Industries's trailing twelve-month (TTM) dividend yield is -%

Avrot Industries Dividend History

Ex-Div dateDividend amountDividend typePay date
2005-12-20₪0.10annually
2001-07-25₪0.60annually

Avrot Industries Dividend per year

Avrot Industries Dividend Yield

Avrot Industries current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Avrot Industries stock? Use our calculator to estimate your expected dividend yield:

Avrot Industries Financial Ratios

P/E ratio553.19
PEG ratio12170.27
P/B ratio1.61
ROE0.29%
Payout ratio0.00%
Current ratio1.94
Quick ratio1.28
Cash Ratio0.19

Avrot Industries Dividend FAQ

Does Avrot Industries stock pay dividends?
Avrot Industries does not currently pay dividends to its shareholders.
Has Avrot Industries ever paid a dividend?
No, Avrot Industries has no a history of paying dividends to its shareholders. Avrot Industries is not known for its dividend payments.
Why doesn't Avrot Industries pay dividends?
There are several potential reasons why Avrot Industries would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Avrot Industries ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Avrot Industries has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Avrot Industries a dividend aristocrat?
Avrot Industries is not considered a Dividend Aristocrat. 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 Avrot Industries a dividend king?
Avrot Industries is not classified as a "Dividend King". 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 Avrot Industries a dividend stock?
No, Avrot Industries is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Avrot Industries stocks?
To buy Avrot Industries 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Avrot Industries 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.