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Hod Assaf Industries Ltd. engages in the production and processing of steel products for the construction industry in Israel and Romania. It produces steel rods or coils, as well as fabricates wire rods for use in the production of concrete reinforcement mesh. The company also provides processed construction steel to contractors; produces assembled and welded elements for various construction applications, including columns, beams, and bridge girders; manufactures various fencing products, such as intertwined fence mesh, welded fencing mesh, and barbed wire products for civil and military use; produces and markets welded mesh for concrete reinforcement; and produces galvanized wires for various industrial and agricultural applications. In addition, it manufactures mesh and other products used for indoor plastering. Hod Assaf Industries Ltd. was founded in 1947 and is based in Acre, Israel.

Hodsaf Industries Dividend Announcement

Hodsaf Industries announced a annually dividend of ₪101.70 per ordinary share which will be made payable on 2022-04-14. Ex dividend date: 2022-04-06
Hodsaf Industries's trailing twelve-month (TTM) dividend yield is -%

Hodsaf Industries Dividend History

Ex-Div dateDividend amountDividend typePay date
2022-04-06₪101.70annually2022-04-14
2007-12-03₪149.87annually

Hodsaf Industries Dividend per year

Hodsaf Industries Dividend Yield

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

Hodsaf Industries Financial Ratios

P/E ratio21.54
PEG ratio221.96
P/B ratio0.64
ROE3.01%
Payout ratio0.00%
Current ratio1.94
Quick ratio1.07
Cash Ratio0.03

Hodsaf Industries Dividend FAQ

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