Delek Automotive Systems Ltd. imports and distributes cars and motorcycles in Israel. The company also operates technical training centers, garages, distribution centers for spare parts, and car supply centers. In addition, it offers insurance services for vehicles and car repair services. It operates through showrooms and sub-agencies, as well as operates approximately 60 service centers. The company was formerly known as Gal Wisepiler and Karts Indsutiries Ltd. and changed its name to Delek Automotive Systems Ltd. in February 1994. Delek Automotive Systems Ltd. was founded in 1965 and is headquartered in Nir Tzvi, Israel.
Delek Automotive Systems Dividend Announcement
• Delek Automotive Systems announced a quarterly dividend of ₪100.00 per ordinary share which will be made payable on 2023-10-29. Ex dividend date: 2023-10-02
• Delek Automotive Systems annual dividend for 2023 was ₪300.00
• Delek Automotive Systems's trailing twelve-month (TTM) dividend yield is -%
• Delek Automotive Systems's payout ratio for the trailing twelve months (TTM) is 357.96%
• Delek Automotive Systems's dividend growth over the last five years (2018-2023) was 24.57% year
• Delek Automotive Systems's dividend growth over the last ten years (2013-2023) was -6.38% year
Delek Automotive Systems Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-10-02 | ₪100.00 | quarterly | 2023-10-29 |
2023-07-03 | ₪100.00 | quarterly | 2023-07-26 |
2023-05-01 | ₪100.00 | quarterly | 2023-05-22 |
2022-09-14 | ₪235.00 | quarterly | 2022-10-03 |
2022-06-09 | ₪250.00 | quarterly | 2022-07-03 |
2022-04-13 | ₪250.00 | quarterly | 2022-04-27 |
2021-12-16 | ₪250.00 | quarterly | 2022-01-05 |
2021-09-14 | ₪200.00 | quarterly | 2021-10-04 |
2021-06-15 | ₪240.00 | quarterly | 2021-07-05 |
2021-04-06 | ₪125.00 | quarterly | 2021-04-20 |
2021-02-16 | ₪100.00 | quarterly | 2021-03-02 |
2021-01-12 | ₪100.00 | quarterly | 2021-01-20 |
2020-09-08 | ₪100.00 | quarterly | 2020-09-16 |
2019-07-17 | ₪150.00 | quarterly | 2019-07-31 |
2018-09-25 | ₪100.00 | quarterly | 2018-10-09 |
2017-12-19 | ₪80.00 | quarterly | 2018-01-02 |
2017-09-18 | ₪100.00 | quarterly | 2017-10-02 |
2017-06-19 | ₪120.00 | quarterly | 2017-07-03 |
2017-04-06 | ₪125.00 | quarterly | 2017-04-20 |
2016-12-27 | ₪110.00 | quarterly | |
2016-06-23 | ₪150.00 | quarterly | |
2016-04-06 | ₪75.00 | quarterly | |
2015-08-17 | ₪135.00 | quarterly | |
2015-06-18 | ₪440.00 | quarterly | |
2015-04-06 | ₪65.00 | quarterly | |
2014-12-23 | ₪330.00 | quarterly | |
2014-06-30 | ₪150.00 | quarterly | |
2014-04-10 | ₪100.00 | quarterly | |
2013-12-24 | ₪100.00 | quarterly | |
2013-09-17 | ₪150.00 | quarterly | |
2013-05-05 | ₪185.00 | quarterly | |
2013-03-17 | ₪145.00 | quarterly | |
2012-05-10 | ₪200.00 | quarterly |
Delek Automotive Systems Dividend per year
Delek Automotive Systems Dividend growth
Delek Automotive Systems Dividend Yield
Delek Automotive Systems current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Delek Automotive Systems stock? Use our calculator to estimate your expected dividend yield:
Delek Automotive Systems Financial Ratios
Delek Automotive Systems Dividend FAQ
Other factors to consider when evaluating Delek Automotive 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: Delek Automotive 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, Delek Automotive 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, Delek Automotive 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 Delek Automotive 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: Delek Automotive 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, Delek Automotive 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: Delek Automotive 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 Delek Automotive 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 Delek Automotive 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.