Carasso Motors Ltd. engages in the import, distribution, and sale of automobiles in Israel. The company offers garage, maintenance, warranty, and repair services for vehicles; leasing services for various vehicles; insurance and financing/credit services for the purchase of new and used vehicles; and purchases and sells new and used cars. It also rents vehicles; and services, distributes, markets, and sells spare parts. Carasso Motors Ltd. was incorporated in 2007 and is based in Bnei Ayish, Israel.
Carasso Motors Dividend Announcement
• Carasso Motors announced a semi annually dividend of ₪111.76 per ordinary share which will be made payable on 2024-09-10. Ex dividend date: 2024-08-29
• Carasso Motors annual dividend for 2024 was ₪178.89
• Carasso Motors annual dividend for 2023 was ₪251.57
• Carasso Motors's trailing twelve-month (TTM) dividend yield is 8.48%
• Carasso Motors's payout ratio for the trailing twelve months (TTM) is 89.02%
• Carasso Motors's dividend growth over the last five years (2018-2023) was 24.96% year
• Carasso Motors's dividend growth over the last ten years (2013-2023) was 10.08% year
Carasso Motors Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-29 | ₪111.76 | semi annually | 2024-09-10 |
2024-04-04 | ₪67.13 | semi annually | |
2023-09-04 | ₪109.36 | semi annually | 2023-09-12 |
2023-04-13 | ₪142.21 | semi annually | 2023-04-20 |
2022-08-29 | ₪185.99 | semi annually | 2022-09-06 |
2022-04-06 | ₪109.40 | semi annually | 2022-04-14 |
2021-08-30 | ₪109.40 | semi annually | 2021-09-12 |
2021-04-06 | ₪68.92 | semi annually | 2021-04-18 |
2020-09-08 | ₪47.04 | semi annually | 2020-09-16 |
2019-08-28 | ₪43.78 | semi annually | 2019-09-10 |
2019-03-26 | ₪87.56 | semi annually | 2019-04-08 |
2018-04-10 | ₪82.55 | semi annually | 2018-04-22 |
2017-08-29 | ₪93.81 | semi annually | 2017-09-07 |
2017-07-24 | ₪250.16 | semi annually | 2017-08-02 |
2017-04-09 | ₪117.11 | semi annually | 2017-04-25 |
2016-08-29 | ₪117.44 | semi annually | |
2016-04-05 | ₪118.36 | semi annually | |
2015-09-01 | ₪74.07 | semi annually | |
2015-03-31 | ₪55.29 | semi annually | |
2014-09-10 | ₪29.63 | semi annually | |
2014-06-10 | ₪45.93 | semi annually | |
2013-09-23 | ₪37.04 | semi annually | |
2013-04-07 | ₪59.26 | semi annually |
Carasso Motors Dividend per year
Carasso Motors Dividend growth
Carasso Motors Dividend Yield
Carasso Motors current trailing twelve-month (TTM) dividend yield is 8.48%. Interested in purchasing Carasso Motors stock? Use our calculator to estimate your expected dividend yield:
Carasso Motors Financial Ratios
Carasso Motors Dividend FAQ
Other factors to consider when evaluating Carasso Motors 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: Carasso Motors'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, Carasso Motors 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, Carasso Motors 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 Carasso Motors 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: Carasso Motors 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, Carasso Motors distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Carasso Motors 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 Carasso Motors'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 Carasso Motors'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.