ELECTRA POWER (2019) LTD engages in the purchase, marketing, and sale of liquefied petroleum gas (LPG), and natural gas and electricity in Israel. The company is involved in the marketing, sale, and distribution of LPG and LPG products; and marketing and sale of natural gas, electricity, and thermal energy. It serves the residential, agricultural, commercial, and industrial sectors. ELECTRA POWER (2019) LTD was founded in 1953 and is based in Netanya, Israel. ELECTRA POWER (2019) LTD is a subsidiary of Elco Ltd.
ELECTRA POWER Dividend Announcement
• ELECTRA POWER announced a semi annually dividend of ₪55.89 per ordinary share which will be made payable on 2024-09-10. Ex dividend date: 2024-09-03
• ELECTRA POWER annual dividend for 2024 was ₪55.89
• ELECTRA POWER's trailing twelve-month (TTM) dividend yield is 2.58%
ELECTRA POWER Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-03 | ₪55.89 | semi annually | 2024-09-10 |
2021-09-05 | ₪93.75 | semi annually | 2021-09-19 |
2021-03-15 | ₪93.75 | semi annually | 2021-04-04 |
2020-08-30 | ₪160.94 | semi annually | 2020-09-07 |
ELECTRA POWER Dividend per year
ELECTRA POWER Dividend Yield
ELECTRA POWER current trailing twelve-month (TTM) dividend yield is 2.58%. Interested in purchasing ELECTRA POWER stock? Use our calculator to estimate your expected dividend yield:
ELECTRA POWER Financial Ratios
ELECTRA POWER Dividend FAQ
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.
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