El-Mor Electric Installation & Services (1986) Ltd. operates in the energy, infrastructure, and communications fields in Israel. The company undertakes the construction and implementation of energy, electricity, and air-conditioning projects in various fields, including power plants, renewable and solar energy, industry, telecom, high-tech, commercial and public buildings, military and defense facilities, electrical and telecom infrastructure, and street lighting. It also constructs substations; contracts PV solar plants; manufactures and assembles power electrical boards, distribution switchboards, and automation and MCC boards; and provides management and maintenance services for energy, electrical, and electro-mechanical systems. In addition, the company engages in transforming organic waste into energy using pyrolysis and gasification solutions. El-Mor Electric Installation & Services (1986) Ltd. was founded in 1967 and is based in Ashkelon, Israel.
El-Mor Electric Installation & Services Dividend Announcement
• El-Mor Electric Installation & Services announced a semi annually dividend of ₪30.00 per ordinary share which will be made payable on 2024-09-18. Ex dividend date: 2024-09-08
• El-Mor Electric Installation & Services annual dividend for 2024 was ₪54.00
• El-Mor Electric Installation & Services annual dividend for 2023 was ₪46.00
• El-Mor Electric Installation & Services's trailing twelve-month (TTM) dividend yield is 4.92%
• El-Mor Electric Installation & Services's payout ratio for the trailing twelve months (TTM) is 45.93%
• El-Mor Electric Installation & Services's dividend growth over the last five years (2018-2023) was 8.21% year
El-Mor Electric Installation & Services Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-08 | ₪30.00 | semi annually | 2024-09-18 |
2024-04-17 | ₪24.00 | semi annually | |
2023-09-28 | ₪26.00 | semi annually | 2023-10-12 |
2023-04-02 | ₪20.00 | semi annually | 2023-04-20 |
2022-09-11 | ₪23.00 | semi annually | 2022-10-03 |
2022-04-03 | ₪19.00 | semi annually | 2022-04-28 |
2021-10-05 | ₪20.53 | semi annually | 2021-10-12 |
2021-03-25 | ₪17.00 | semi annually | 2021-04-13 |
2020-09-01 | ₪11.00 | semi annually | 2020-09-24 |
2020-03-15 | ₪14.00 | semi annually | 2020-04-06 |
2019-08-20 | ₪18.00 | semi annually | 2019-08-29 |
2019-03-14 | ₪23.00 | semi annually | 2019-03-28 |
2018-08-21 | ₪13.00 | semi annually | 2018-09-05 |
2018-03-13 | ₪18.00 | semi annually | 2018-03-27 |
El-Mor Electric Installation & Services Dividend per year
El-Mor Electric Installation & Services Dividend growth
El-Mor Electric Installation & Services Dividend Yield
El-Mor Electric Installation & Services current trailing twelve-month (TTM) dividend yield is 4.92%. Interested in purchasing El-Mor Electric Installation & Services stock? Use our calculator to estimate your expected dividend yield:
El-Mor Electric Installation & Services Financial Ratios
El-Mor Electric Installation & Services Dividend FAQ
Other factors to consider when evaluating El-Mor Electric Installation & Services 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: El-Mor Electric Installation & Services'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, El-Mor Electric Installation & Services 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, El-Mor Electric Installation & Services 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 El-Mor Electric Installation & Services 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: El-Mor Electric Installation & Services 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, El-Mor Electric Installation & Services distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: El-Mor Electric Installation & Services 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 El-Mor Electric Installation & Services'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 El-Mor Electric Installation & Services'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.