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El Al Israel Airlines Ltd., together with its subsidiaries, provides passengers and cargo transportation services. The company operates flights on passenger aircraft to approximately 40 direct destinations in 26 countries in Europe, the United States and Canada, the Far East, Central Asia, and South Africa. It also offers aircraft maintenance services in airport; sells duty-free products; manages travel agencies; and produces and supplies prepared kosher meals to airlines. In addition, the company provides catering services to institutions; and markets tour packages and airline tickets to travel agents and individual passengers, as well as operates various restaurants. El Al Israel Airlines Ltd. was incorporated in 1948 and is based in Lod, Israel.

El Al Israel Airlines Dividend Announcement

El Al Israel Airlines announced a semi annually dividend of ₪0.91 per ordinary share which will be made payable on 2017-05-21. Ex dividend date: 2017-05-09
El Al Israel Airlines's trailing twelve-month (TTM) dividend yield is -%

El Al Israel Airlines Dividend History

Ex-Div dateDividend amountDividend typePay date
2017-05-09₪0.91semi annually2017-05-21
2016-08-25₪1.75semi annually
2016-03-31₪1.46semi annually
2015-08-13₪2.38semi annually
2008-01-08₪0.29semi annually
2007-10-18₪0.94semi annually

El Al Israel Airlines Dividend per year

El Al Israel Airlines Dividend growth

El Al Israel Airlines Dividend Yield

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

El Al Israel Airlines Financial Ratios

P/E ratio2.14
PEG ratio7.78
P/B ratio1.99
ROE411.52%
Payout ratio0.00%
Current ratio0.88
Quick ratio0.87
Cash Ratio0.21

El Al Israel Airlines Dividend FAQ

Does El Al Israel Airlines stock pay dividends?
El Al Israel Airlines does not currently pay dividends to its shareholders.
Has El Al Israel Airlines ever paid a dividend?
No, El Al Israel Airlines has no a history of paying dividends to its shareholders. El Al Israel Airlines is not known for its dividend payments.
Why doesn't El Al Israel Airlines pay dividends?
There are several potential reasons why El Al Israel Airlines 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 El Al Israel Airlines 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 El Al Israel Airlines 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 El Al Israel Airlines a dividend aristocrat?
El Al Israel Airlines 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 El Al Israel Airlines a dividend king?
El Al Israel Airlines 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 El Al Israel Airlines a dividend stock?
No, El Al Israel Airlines 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 El Al Israel Airlines stocks?
To buy El Al Israel Airlines 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 El Al Israel Airlines 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.