Brand Group (M.G) Ltd, together with its subsidiaries, engages in metal construction and infrastructure, energy facilities, petrochemical facilities, and other industrial facilities in Israel. The company constructs large industrial plants, high-rise steel buildings, public buildings, residential buildings, and commercial and business buildings; supply assemblies to stations for producing electrical power with coal, gas, and other technologies; provides construction for transport and infrastructure made of steel; and produce steel accumulators and containers of different sizes and bodies. The company was formerly known as Brand Industries Ltd. and changed its name to Brand Group (M.G) Ltd in November 2021. Brand Group (M.G) Ltd was incorporated in 1978 and is based in Yeruham, Israel.
Brand Group Dividend Announcement
• Brand Group announced a annually dividend of ₪5.75 per ordinary share which will be made payable on 2024-04-24. Ex dividend date: 2024-04-09
• Brand Group annual dividend for 2024 was ₪5.75
• Brand Group annual dividend for 2023 was ₪2.94
• Brand Group's trailing twelve-month (TTM) dividend yield is 2.04%
• Brand Group's payout ratio for the trailing twelve months (TTM) is 29.65%
Brand Group Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-09 | ₪5.75 | annually | 2024-04-24 |
2023-06-12 | ₪2.94 | annually | 2023-07-03 |
2022-09-05 | ₪3.92 | annually | 2022-09-19 |
2021-12-19 | ₪4.90 | annually | 2022-01-02 |
2017-04-30 | ₪29.77 | annually | 2017-05-11 |
2016-12-18 | ₪9.92 | annually | |
2016-10-18 | ₪9.92 | annually | |
2010-01-03 | ₪19.85 | annually | |
2008-04-16 | ₪49.62 | annually | |
2007-03-25 | ₪23.82 | annually |
Brand Group Dividend per year
Brand Group Dividend growth
Brand Group Dividend Yield
Brand Group current trailing twelve-month (TTM) dividend yield is 2.04%. Interested in purchasing Brand Group stock? Use our calculator to estimate your expected dividend yield:
Brand Group Financial Ratios
Brand Group Dividend FAQ
Other factors to consider when evaluating Brand Group 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: Brand Group'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, Brand Group 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, Brand Group 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 Brand Group 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: Brand Group 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, Brand Group distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Brand Group 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 Brand Group'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 Brand Group'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.