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Elco Ltd. operates in the construction, infrastructure, consumer electronics, telecommunications, entertainment, and real estate sectors in Israel. The company is involved in the development, construction, operation, management, and maintenance of various projects; import, marketing, and sale of air conditioning and electronic home appliances; operation and management of multi-family properties; and content and distribution, leisure, and cinema businesses. It also markets, supplies, and distributes LPG, natural gas, and CNG to private households, as well as industrial, commercial, and transportation sectors. Elco Ltd. was incorporated in 1949 and is based in Tel Aviv-Yafo, Israel. Elco Ltd. is a subsidiary of G. Salkind Ltd.

Elco Dividend Announcement

Elco announced a semi annually dividend of ₪74.26 per ordinary share which will be made payable on 2024-09-19. Ex dividend date: 2024-09-04
Elco annual dividend for 2024 was ₪185.74
Elco annual dividend for 2023 was ₪257.97
Elco's trailing twelve-month (TTM) dividend yield is 1.21%
Elco's payout ratio for the trailing twelve months (TTM) is -61.17%
Elco's dividend growth over the last five years (2018-2023) was 18.91% year

Elco Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-04₪74.26semi annually2024-09-19
2024-04-04₪111.48semi annually2024-04-15
2023-09-11₪73.67semi annually2023-09-21
2023-04-04₪184.29semi annually2023-04-17
2022-08-31₪73.52semi annually2022-09-20
2022-03-30₪182.92semi annually2022-04-06
2021-09-12₪73.17semi annually2021-10-03
2021-04-04₪146.16semi annually2021-04-12
2020-09-03₪73.10semi annually2020-09-13
2020-04-12₪135.00semi annually2020-04-22
2019-04-04₪120.46semi annually2019-04-21
2018-04-08₪108.53semi annually2018-04-24
2017-09-12₪90.51semi annually2017-09-19
2016-12-05₪74.00semi annually
2015-03-29₪36.30semi annually
2014-01-20₪90.60semi annually
2010-09-19₪94.00semi annually

Elco Dividend per year

Elco Dividend growth

Elco Dividend Yield

Elco current trailing twelve-month (TTM) dividend yield is 1.21%. Interested in purchasing Elco stock? Use our calculator to estimate your expected dividend yield:

Elco Financial Ratios

P/E ratio-20.80
PEG ratio61.12
P/B ratio1.89
ROE-8.91%
Payout ratio-61.17%
Current ratio1.03
Quick ratio0.74
Cash Ratio0.14

Elco Dividend FAQ

How much is the next Elco dividend?
Elco's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Elco dividend. The next Elco dividend will be released in April, or September.
When is Elco dividend paid?
Elco pays dividends on a semi annually basis. The specific dates may vary each year but are generally around April, and September. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Elco pay?
The specific amount of Elco dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Elco's dividend history.
Does Elco stock pay dividends?
Yes, Elco does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Elco's dividend history.
How much dividend does Elco pay?
Elco paid ₪185.741 in 2024, ₪257.969 in 2023, ₪256.441 in 2022, ₪219.329 in 2021, and ₪208.1 in 2020.
How often does Elco pay dividends?
Elco typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around April, and September.
What is Elco's dividend yield?
The current dividend yield for Elco is 1.21%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Elco's exact dividend yield.
When does Elco go ex dividend?
Elco's ex-dividend date for the latest dividend was on 2024-09-04. Elco typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Elco dividend paid?
Elco pays dividends on a semi annually basis, typically around April, or September, but the exact dates can vary each year.
Will Elco increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Elco will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Elco dividend per share?
Elco paid ₪185.741 per share in 2024 and ₪257.969 per share in 2023. The amount of dividend per share that Elco pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Elco a dividend aristocrat?
No, 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 Elco a dividend king?
No, 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 Elco a dividend stock?
Yes, Elco is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Elco a good dividend stock?
Whether Elco is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Elco has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Elco 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.
Does Elco pay dividends monthly?
Elco typically pays dividends on a semi annually basis.
Does Elco pay dividends quarterly?
Elco currently pays dividends on a semi annually basis.
Has Elco ever paid a dividend?
Yes, Elco has a history of paying dividends to its shareholders. Elco is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Elco dividend stocks?
To buy Elco 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Elco 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.
When does Elco pay dividends 2024?
Elco pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-19. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Elco increase its dividend in 2024?
Decisions regarding Elco dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Elco dividend overview you can look into the above table of dividend history.
How Elco dividend works?
The Elco dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Elco's dividend process works:

1. Determination of Dividend: Elco'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, Elco 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, Elco 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 Elco 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.
How are Elco dividends paid?
Elco dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Elco 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, Elco distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Elco 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.
How many times does Elco pay dividends?
Elco typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Elco pay dividends?
The general pattern is that Elco pays dividends around April, and September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Elco dividend safe?
The safety of Elco's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Elco'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 Elco'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.