Electra Limited, through its subsidiaries, engages in the construction and infrastructure projects businesses in Israel and internationally. The company operates through five segments: Construction and Infrastructure Projects in Israel; Construction and Infrastructure Projects Abroad; Operation & Maintenance; Development and Construction of Entrepreneurial Real Estate; and Concessions. It constructs and installs electro-mechanical systems in the building, elevators, escalators, and generators; provides electrical infrastructure products for very high voltage power lines, high/intermediate voltage, and low voltage supplies for buildings, industries, and infrastructure projects; installs electro-mechanical systems; offers mechanical air-conditioning works in the infrastructure, transportation, commercial, and other fields; and sells electro-mechanical equipment. The company also provides services for elevators, escalators, wheelchair lifts and electro-mechanical systems, fire detection, and extinguishing solutions, as well as generators; manages and maintains buildings; offers cleaning, security, shuttle, academic institution, and technological services; provides towable light towers and mobile air conditioning systems; and operates a corona testing laboratory and sewage treatment facilities. In addition, it engages in the development and construction of entrepreneurial real estate properties; and development, financing, management, and inspection of complex turnkey projects in construction, transportation, desalination, water, renewable energy, and large-scale public infrastructure projects. The company was formerly known as Electra (Israel) Ltd. and changed its name to Electra Limited in January 2003. Electra Limited was founded in 1945 and is based in Ramat Gan, Israel. Electra Limited is a subsidiary of Elco Ltd.
Electra Dividend Announcement
• Electra announced a semi annually dividend of ₪1120.23 per ordinary share which will be made payable on 2024-10-01. Ex dividend date: 2024-09-03
• Electra annual dividend for 2024 was ₪2162.06
• Electra annual dividend for 2023 was ₪2230.55
• Electra's trailing twelve-month (TTM) dividend yield is 0.98%
• Electra's payout ratio for the trailing twelve months (TTM) is 40.85%
• Electra's dividend growth over the last five years (2018-2023) was 1.99% year
• Electra's dividend growth over the last ten years (2013-2023) was 4.70% year
Electra Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-03 | ₪1120.23 | semi annually | 2024-10-01 |
2024-04-15 | ₪1041.83 | semi annually | 2024-05-02 |
2023-09-04 | ₪1188.23 | semi annually | 2023-10-02 |
2023-04-03 | ₪1042.32 | semi annually | 2023-05-02 |
2022-09-18 | ₪1095.10 | semi annually | 2022-10-02 |
2022-04-04 | ₪1046.59 | semi annually | 2022-04-14 |
2021-09-09 | ₪1053.29 | semi annually | 2021-10-03 |
2021-04-01 | ₪1060.34 | semi annually | 2021-04-11 |
2020-09-03 | ₪798.68 | semi annually | 2020-09-10 |
2020-04-06 | ₪811.84 | semi annually | 2020-04-20 |
2019-09-15 | ₪936.39 | semi annually | 2019-10-03 |
2019-04-04 | ₪996.40 | semi annually | 2019-04-18 |
2018-09-20 | ₪914.83 | semi annually | 2018-10-04 |
2018-04-10 | ₪1106.92 | semi annually | 2018-04-24 |
2017-09-12 | ₪886.13 | semi annually | 2017-09-19 |
2017-04-20 | ₪1032.19 | semi annually | 2017-05-04 |
2016-12-22 | ₪864.80 | semi annually | |
2016-04-05 | ₪1816.00 | semi annually | |
2015-03-29 | ₪1778.00 | semi annually | |
2014-04-06 | ₪1971.37 | semi annually | |
2013-03-28 | ₪1408.93 | semi annually |
Electra Dividend per year
Electra Dividend growth
Electra Dividend Yield
Electra current trailing twelve-month (TTM) dividend yield is 0.98%. Interested in purchasing Electra stock? Use our calculator to estimate your expected dividend yield:
Electra Financial Ratios
Electra Dividend FAQ
Other factors to consider when evaluating Electra 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.
Place an order: Use the brokerage's trading platform to place an order to buy Electra 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.
1. Determination of Dividend: Electra'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, Electra 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, Electra 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 Electra 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: Electra 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, Electra distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Electra 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 Electra'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 Electra'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.