Elspec Engineering Ltd develops, manufactures, and markets power quality solutions and services to the industrial, commercial, and utility sectors worldwide. The company offers metering and protection products, such as multi-functional digital fault recorders; energy meters; and hand-held, portable, and fixed power quality analyzers, as well as phasor measurement units. It also provides PQSCADA Sapphire, an open programmable platform that offers functionality and performance for data exploration, analysis, and visualization; and power factor solutions. The company was incorporated in 1988 and is headquartered in Caesarea, Israel.
Elspec Engineering Dividend Announcement
• Elspec Engineering announced a annually dividend of ₪25.74 per ordinary share which will be made payable on 2024-09-25. Ex dividend date: 2024-09-08 • Elspec Engineering annual dividend for 2024 was ₪25.74 • Elspec Engineering's trailing twelve-month (TTM) dividend yield is 3.87%
Elspec Engineering current trailing twelve-month (TTM) dividend yield is 3.87%. Interested in purchasing Elspec Engineering stock? Use our calculator to estimate your expected dividend yield:
Elspec Engineering Financial Ratios
P/E ratio16.57
PEG ratio29.83
P/B ratio1.69
ROE10.37%
Payout ratio0.00%
Current ratio3.66
Quick ratio1.87
Cash Ratio0.37
Elspec Engineering Dividend FAQ
How much is the next Elspec Engineering dividend?
Elspec Engineering's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Elspec Engineering dividend. The next Elspec Engineering dividend will be released in .
When is Elspec Engineering dividend paid?
Elspec Engineering pays dividends on a annually basis. The specific dates may vary each year but are generally around . 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 Elspec Engineering pay?
The specific amount of Elspec Engineering 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 Elspec Engineering's dividend history.
Does Elspec Engineering stock pay dividends?
Yes, Elspec Engineering 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 Elspec Engineering's dividend history.
How much dividend does Elspec Engineering pay?
Elspec Engineering paid ₪25.742 in 2024, ₪0.0 in 2023, ₪25.742 in 2022, ₪0.0 in 2021, and ₪0.0 in 2020.
How often does Elspec Engineering pay dividends?
Elspec Engineering typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around .
What is Elspec Engineering's dividend yield?
The current dividend yield for Elspec Engineering is 3.87%. 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 Elspec Engineering's exact dividend yield.
When does Elspec Engineering go ex dividend?
Elspec Engineering's ex-dividend date for the latest dividend was on 2024-09-08. Elspec Engineering 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 Elspec Engineering dividend paid?
Elspec Engineering pays dividends on a annually basis, typically around , but the exact dates can vary each year.
Will Elspec Engineering 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 Elspec Engineering 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 Elspec Engineering dividend per share?
Elspec Engineering paid ₪25.742 per share in 2024 and ₪0.0 per share in 2023. The amount of dividend per share that Elspec Engineering 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 Elspec Engineering 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 Elspec Engineering 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 Elspec Engineering a dividend stock?
Yes, Elspec Engineering is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Elspec Engineering a good dividend stock?
Whether Elspec Engineering is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Elspec Engineering has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Elspec Engineering 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 Elspec Engineering pay dividends monthly?
Elspec Engineering typically pays dividends on a annually basis.
Does Elspec Engineering pay dividends quarterly?
Elspec Engineering currently pays dividends on a annually basis.
Has Elspec Engineering ever paid a dividend?
Yes, Elspec Engineering has a history of paying dividends to its shareholders. Elspec Engineering is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Elspec Engineering dividend stocks?
To buy Elspec Engineering 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 Elspec Engineering 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 Elspec Engineering pay dividends 2024?
Elspec Engineering pays dividends on a annually basis. 2024 dividend payments are in 2024-09-25. 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 Elspec Engineering increase its dividend in 2024?
Decisions regarding Elspec Engineering 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 Elspec Engineering dividend overview you can look into the above table of dividend history.
How Elspec Engineering dividend works?
The Elspec Engineering 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 Elspec Engineering's dividend process works:
1. Determination of Dividend: Elspec Engineering'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, Elspec Engineering 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, Elspec Engineering 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 Elspec Engineering 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 Elspec Engineering dividends paid?
Elspec Engineering dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Elspec Engineering 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, Elspec Engineering distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Elspec Engineering 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 Elspec Engineering pay dividends?
Elspec Engineering typically pays dividends on a 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 Elspec Engineering pay dividends?
The general pattern is that Elspec Engineering pays dividends around . However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Elspec Engineering dividend safe?
The safety of Elspec Engineering'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 Elspec Engineering'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 Elspec Engineering'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.