Delek Group Ltd., an energy company, engages in the exploration, development, production, and marketing of oil and gas in Israel and internationally. The company operates through three segments: Energy in Israel, Foreign Energy, and Other Operations. It holds interests in the Tamar, Leviathan, and Aphrodite reservoirs in Cyprus; has rights to oil assets in the Gulf of Mexico and Canada, as well as oil and gas reserves in the North Sea off the coast of England; and owns production, treatment, and storage facilities. The company was founded in 1951 and is headquartered in Herzliya, Israel.
Delek Dividend Announcement
• Delek announced a quarterly dividend of $0.10 per ordinary share which will be made payable on 2024-12-15. Ex dividend date: 2024-12-05
• Delek annual dividend for 2024 was $0.37
• Delek annual dividend for 2023 was $0.45
• Delek's trailing twelve-month (TTM) dividend yield is 10.0%
• Delek's payout ratio for the trailing twelve months (TTM) is 74.78%
Delek Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-05 | $0.10 | quarterly | 2024-12-15 |
2024-09-05 | $0.09 | quarterly | 2024-10-02 |
2024-06-10 | $0.09 | quarterly | 2024-07-03 |
2024-04-08 | $0.09 | quarterly | 2024-05-06 |
2023-12-04 | $0.10 | quarterly | 2024-01-03 |
2023-09-01 | $0.07 | quarterly | 2023-10-03 |
2023-06-12 | $0.08 | quarterly | 2023-07-12 |
2023-03-02 | $0.19 | quarterly | 2023-03-29 |
2019-06-19 | $0.20 | quarterly | 2019-07-05 |
2019-04-10 | $0.23 | quarterly | 2019-05-06 |
2018-12-20 | $0.24 | quarterly | 2019-01-03 |
2018-10-01 | $0.16 | quarterly | 2018-10-22 |
2018-07-13 | $0.20 | quarterly | 2018-07-31 |
2018-05-11 | $0.20 | quarterly | 2018-05-31 |
2017-12-13 | $0.20 | quarterly | 2018-01-03 |
2017-09-14 | $0.45 | quarterly | 2017-10-03 |
2017-06-13 | $0.34 | quarterly | 2017-06-13 |
2017-04-18 | $0.33 | quarterly | 2017-05-11 |
Delek Dividend per year
Delek Dividend growth
Delek Dividend Yield
Delek current trailing twelve-month (TTM) dividend yield is 10.0%. Interested in purchasing Delek stock? Use our calculator to estimate your expected dividend yield:
Delek Financial Ratios
Delek Dividend FAQ
Other factors to consider when evaluating Delek 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: Delek'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, Delek 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, Delek 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 Delek 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: Delek 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, Delek distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Delek 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 Delek'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 Delek'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.