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Elron Ventures Ltd formerly known as Elron Electronic Industries Ltd, is a venture capital firm specializing in early stage and seed investment. The firm prefers to invest in cybersecurity, enterprise software or healthcare industries. The firm prefers to invest in Israel sector. Elron Ventures Ltd was founded in 1962 and is based in Tel Aviv, Israel with additional office in New York, New York.

Elron Ventures Dividend Announcement

Elron Ventures announced a annually dividend of ₪681.71 per ordinary share which will be made payable on 2024-02-05. Ex dividend date: 2024-01-22
Elron Ventures annual dividend for 2024 was ₪681.71
Elron Ventures's trailing twelve-month (TTM) dividend yield is 0.07%
Elron Ventures's payout ratio for the trailing twelve months (TTM) is -365.77%

Elron Ventures Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-01-22₪681.71annually2024-02-05
2022-11-28₪225.71annually2022-12-12
2016-09-12₪190.39annually
2014-09-08₪1339.07annually
2012-07-09₪200.39annually
2005-09-15₪6109.65annually

Elron Ventures Dividend per year

Elron Ventures Dividend Yield

Elron Ventures current trailing twelve-month (TTM) dividend yield is 0.07%. Interested in purchasing Elron Ventures stock? Use our calculator to estimate your expected dividend yield:

Elron Ventures Financial Ratios

P/E ratio-9.14
PEG ratio-2.78
P/B ratio0.64
ROE-6.16%
Payout ratio-365.77%
Current ratio10.99
Quick ratio10.99
Cash Ratio9.72

Elron Ventures Dividend FAQ

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