Globrands Ltd. imports, distributes, markets, and sells tobacco, and food and confectionery products primarily in Israel. It operates in Smoking Products, and Confectionery and Snacks divisions. The company imports and distributes cigarettes under the Kent, Pall Mall, Vogue, Rotmans, and Lucky Strike brand names. It serves primarily retail customers and multinational corporations. The company was founded in 2000 and is based in Tel Aviv, Israel.
Globrands Dividend Announcement
• Globrands announced a annually dividend of ₪2196.91 per ordinary share which will be made payable on 2024-06-10. Ex dividend date: 2024-06-02
• Globrands annual dividend for 2024 was ₪2196.91
• Globrands annual dividend for 2023 was ₪2603.74
• Globrands's trailing twelve-month (TTM) dividend yield is 5.25%
• Globrands's payout ratio for the trailing twelve months (TTM) is 87.07%
Globrands Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-02 | ₪2196.91 | annually | 2024-06-10 |
2023-06-18 | ₪2603.74 | annually | |
2022-12-05 | ₪2034.17 | annually | |
2022-05-30 | ₪2441.01 | annually |
Globrands Dividend per year
Globrands Dividend growth
Globrands Dividend Yield
Globrands current trailing twelve-month (TTM) dividend yield is 5.25%. Interested in purchasing Globrands stock? Use our calculator to estimate your expected dividend yield:
Globrands Financial Ratios
Globrands 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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