Gaon Group Ltd. develops, produces, and markets pipes, valves, hydrants, and accessories in Israel. The company offers steel and plastic pipes for water, sewage, wastewater, fuel and gas infrastructures, and construction industries. It also provides flow control solutions comprising butterfly, gate, and diaphragm valves; and fire hydrants for various applications, including water and wastewater, irrigation systems, desalination plants, air cooling systems, firefighting, and process industries, as well as water measurement solutions. In addition, the company engages in the hot dip galvanization of steel items; and manufacture of household and infrastructure piping, ducts, and profiles. Further, it offers ball-type faucets and fixtures. The company was formerly known as Middle East Tube Company Ltd. and changed its name to Gaon Group Ltd. in March 2017. The company was incorporated in 1951 and is based in Or Yehuda, Israel. Gaon Group Ltd. is a subsidiary of B. Gaon Holdings Ltd.
Gaon Dividend Announcement
• Gaon announced a annually dividend of ₪22.00 per ordinary share which will be made payable on 2021-03-30. Ex dividend date: 2021-03-18
• Gaon's trailing twelve-month (TTM) dividend yield is -%
Gaon Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2021-03-18 | ₪22.00 | annually | 2021-03-30 |
2018-04-24 | ₪108.00 | annually | 2018-05-02 |
2017-05-29 | ₪113.00 | annually | 2017-06-08 |
2016-11-28 | ₪54.00 | annually | |
2013-03-10 | ₪29.23 | annually | |
2012-11-25 | ₪19.49 | annually | |
2011-06-28 | ₪23.71 | annually | |
2010-04-12 | ₪32.56 | annually | |
2009-03-30 | ₪35.81 | annually | |
2008-06-22 | ₪32.55 | annually | |
2003-12-16 | ₪111.82 | annually | |
2003-07-02 | ₪74.50 | annually | |
2002-11-20 | ₪74.55 | annually |
Gaon Dividend per year
Gaon Dividend growth
Gaon Dividend Yield
Gaon current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Gaon stock? Use our calculator to estimate your expected dividend yield:
Gaon Financial Ratios
Gaon Dividend FAQ
Other factors to consider when evaluating Gaon 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.
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1. Determination of Dividend: Gaon'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, Gaon 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, Gaon 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 Gaon 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: Gaon 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, Gaon distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Gaon 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 Gaon'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 Gaon'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.