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Diplomat Holdings Ltd. operates as a sales and distribution company in the fast-moving consumer goods sector. It also offers logistics services, including storage, packaging, and transportation. The company provides hair care, personal care, paper, personal hygiene, canned fish, sweets, food, and other products, as well as cleaning products for home and textiles. It serves large and small retail food chains, pharmacy chains, minimarkets, containers, wholesalers, restaurants, and catering customers. The company operates in Israel, South Africa, Georgia, New Zealand, and Cyprus. Diplomat Holdings Ltd. was founded in 1968 and is based in Airport City, Israel.

Diplomat Dividend Announcement

• Diplomat announced a semi annually dividend of ₪72.89 per ordinary share which will be made payable on 2024-09-12. Ex dividend date: 2024-09-04
• Diplomat annual dividend for 2024 was ₪218.68
• Diplomat annual dividend for 2023 was ₪145.97
• Diplomat's trailing twelve-month (TTM) dividend yield is 6.36%
• Diplomat's payout ratio for the trailing twelve months (TTM) is 59.96%

Diplomat Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-04₪72.89semi annually2024-09-12
2024-04-04₪145.79semi annually
2023-09-03₪72.89semi annually
2023-06-04₪73.08semi annually
2022-04-03₪87.69semi annually
2021-09-09₪80.77semi annually
2021-04-05₪384.62semi annually

Diplomat Dividend per year

Diplomat Dividend growth

Diplomat Dividend Yield

Diplomat current trailing twelve-month (TTM) dividend yield is 6.36%. Interested in purchasing Diplomat stock? Use our calculator to estimate your expected dividend yield:

Diplomat Financial Ratios

P/E ratio9.43
PEG ratio6.08
P/B ratio1.12
ROE12.37%
Payout ratio59.96%
Current ratio1.66
Quick ratio0.90
Cash Ratio0.09

Diplomat Dividend FAQ

Does Diplomat stock pay dividends?
Diplomat does not currently pay dividends to its shareholders.
Has Diplomat ever paid a dividend?
No, Diplomat has no a history of paying dividends to its shareholders. Diplomat is not known for its dividend payments.
Why doesn't Diplomat pay dividends?
There are several potential reasons why Diplomat would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Diplomat ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Diplomat has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Diplomat a dividend aristocrat?
Diplomat is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Diplomat a dividend king?
Diplomat is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Diplomat a dividend stock?
No, Diplomat is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Diplomat stocks?
To buy Diplomat you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Diplomat stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.