Bank of Jerusalem Ltd. provides commercial banking services in Israel. It offers deposit products, such as saving and checking accounts; structured, shekel, and foreign currency deposit products; personal loans, including new and used car loans, and loans secured by deposits; and mortgage loans comprising foreign currency loans. The company also provides independent trading systems and investment advisory services, as well as interactive brokerage services. In addition, it offers finance to real estate projects. It operates through 18 branches. The company was formerly known as Bank of Jerusalem for Development and Mortgages Ltd. and changed its name to Bank of Jerusalem Ltd. in 1996. Bank of Jerusalem Ltd. was incorporated in 1963 and is headquartered in Airport City, Israel. Bank of Jerusalem Ltd. is a subsidiary of Export Investment Company. Ltd.
Bank of Jerusalem Dividend Announcement
• Bank of Jerusalem announced a quarterly dividend of ₪36.80 per ordinary share which will be made payable on 2024-09-05. Ex dividend date: 2024-08-28
• Bank of Jerusalem annual dividend for 2024 was ₪72.19
• Bank of Jerusalem annual dividend for 2023 was ₪50.34
• Bank of Jerusalem's trailing twelve-month (TTM) dividend yield is 5.04%
• Bank of Jerusalem's payout ratio for the trailing twelve months (TTM) is 22.90%
• Bank of Jerusalem's dividend growth over the last five years (2018-2023) was 3.49% year
• Bank of Jerusalem's dividend growth over the last ten years (2013-2023) was 9.99% year
Bank of Jerusalem Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-28 | ₪36.80 | quarterly | 2024-09-05 |
2024-04-01 | ₪17.70 | quarterly | 2024-04-08 |
2024-03-21 | ₪17.70 | quarterly | |
2023-08-29 | ₪30.63 | quarterly | 2023-09-11 |
2023-03-27 | ₪19.71 | quarterly | 2023-04-16 |
2022-12-18 | ₪49.73 | quarterly | 2023-01-01 |
2022-06-02 | ₪61.22 | quarterly | 2022-06-14 |
2021-11-03 | ₪21.41 | quarterly | 2021-11-16 |
2020-03-30 | ₪16.73 | quarterly | 2020-04-16 |
2019-12-17 | ₪5.25 | quarterly | 2019-12-31 |
2019-08-25 | ₪11.77 | quarterly | 2019-09-08 |
2019-06-26 | ₪4.25 | quarterly | 2019-07-09 |
2019-03-26 | ₪7.23 | quarterly | 2019-04-08 |
2018-12-24 | ₪13.76 | quarterly | 2019-01-06 |
2018-09-27 | ₪8.08 | quarterly | 2018-10-10 |
2018-07-08 | ₪8.08 | quarterly | 2018-07-23 |
2018-04-08 | ₪4.68 | quarterly | 2018-04-22 |
2018-01-14 | ₪7.80 | quarterly | 2018-01-28 |
2017-06-25 | ₪3.26 | quarterly | 2017-07-09 |
2017-05-08 | ₪2.55 | quarterly | 2017-05-21 |
2017-02-08 | ₪4.25 | quarterly | 2017-02-21 |
2016-09-20 | ₪7.37 | quarterly | |
2016-07-06 | ₪12.20 | quarterly | |
2015-08-26 | ₪5.96 | quarterly | |
2015-05-31 | ₪7.52 | quarterly | |
2015-03-08 | ₪6.38 | quarterly | |
2014-11-30 | ₪6.81 | quarterly | |
2014-08-25 | ₪6.24 | quarterly | |
2014-08-11 | ₪4.25 | quarterly | |
2014-05-29 | ₪4.25 | quarterly | |
2014-04-13 | ₪3.55 | quarterly | |
2013-12-05 | ₪3.83 | quarterly | |
2013-09-10 | ₪15.60 | quarterly |
Bank of Jerusalem Dividend per year
Bank of Jerusalem Dividend growth
Bank of Jerusalem Dividend Yield
Bank of Jerusalem current trailing twelve-month (TTM) dividend yield is 5.04%. Interested in purchasing Bank of Jerusalem stock? Use our calculator to estimate your expected dividend yield:
Bank of Jerusalem Financial Ratios
Bank of Jerusalem Dividend FAQ
Other factors to consider when evaluating Bank of Jerusalem 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: Bank of Jerusalem'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, Bank of Jerusalem 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, Bank of Jerusalem 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 Bank of Jerusalem 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: Bank of Jerusalem 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, Bank of Jerusalem distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Bank of Jerusalem 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 Bank of Jerusalem'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 Bank of Jerusalem'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.