CI Systems (Israel) Ltd. develops, manufactures, and markets electro-optical precision test and measurement equipment worldwide. The company offers various electro-optical test systems, including SWIR cameras, FLIR cameras, day cameras, laser testing systems, detector testing systems, and boresight testing systems; missile warning system testers; optical alignment testers; and integrating sphere systems. It also provides blackbody radiation sources, such as extended area and cavity black bodies, RAD motorized target wheels, and accessories; and aperture collimators and wide field of view collimators. In addition, the company manufactures and sells infrared radiometric products comprising multi-channel, multi-spectral, dual-band fast, and solar-blind imaging radiometers for remote sensing applications. Further, it offers optical gas imaging solutions; temperature screening cameras, atmospheric transmission measurement systems, spectroradiometers, and circular variable filters; and optical monitoring equipment, including noncontact temperature monitors and liquid monitoring systems for wafers and photovoltaic solar cell manufacturing. The company was founded in 1977 and is based in Migdal HaEmek, Israel. CI Systems (Israel) Ltd. is a subsidiary of CI Technologies Inc.
CI Systems Dividend Announcement
• CI Systems announced a annually dividend of ₪73.56 per ordinary share which will be made payable on 2024-04-14. Ex dividend date: 2024-04-07
• CI Systems annual dividend for 2024 was ₪73.56
• CI Systems annual dividend for 2023 was ₪73.04
• CI Systems's trailing twelve-month (TTM) dividend yield is 5.06%
• CI Systems's payout ratio for the trailing twelve months (TTM) is 49.54%
CI Systems Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-07 | ₪73.56 | annually | 2024-04-14 |
2023-04-13 | ₪73.04 | annually | 2023-04-20 |
2022-04-05 | ₪48.20 | annually | 2022-04-13 |
2021-04-08 | ₪49.33 | annually | 2021-04-19 |
CI Systems Dividend per year
CI Systems Dividend growth
CI Systems Dividend Yield
CI Systems current trailing twelve-month (TTM) dividend yield is 5.06%. Interested in purchasing CI Systems stock? Use our calculator to estimate your expected dividend yield:
CI Systems Financial Ratios
CI Systems Dividend FAQ
Other factors to consider when evaluating CI Systems 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: CI Systems'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, CI Systems 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, CI Systems 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 CI Systems 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: CI Systems 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, CI Systems distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: CI Systems 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 CI Systems'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 CI Systems'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.