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I.C.P. Israel Citrus Plantations Ltd. engages in properties rental and agriculture businesses in Israel. The company operates in two segments, Agriculture and Income-Producing Properties. It is involved in planning, development, rental, and management of areas and buildings. The company also provides agricultural services, which include planting, maintaining, and cultivating orchards, as well as fertilization, irrigation, pest control and spraying, fruit orchard species replacement, and harvest and orchard management. It sells its fruit products to packing houses. The company was founded in 1958 and is based in Tel Aviv, Israel.

I.C.P. Israel Citrus Plantations Dividend Announcement

• I.C.P. Israel Citrus Plantations announced a annually dividend of ₪40.09 per ordinary share which will be made payable on 2023-11-09. Ex dividend date: 2023-10-12
• I.C.P. Israel Citrus Plantations's trailing twelve-month (TTM) dividend yield is -%
• I.C.P. Israel Citrus Plantations's payout ratio for the trailing twelve months (TTM) is 370.64%

I.C.P. Israel Citrus Plantations Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-10-12₪40.09annually2023-11-09

I.C.P. Israel Citrus Plantations Dividend per year

I.C.P. Israel Citrus Plantations Dividend Yield

I.C.P. Israel Citrus Plantations current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing I.C.P. Israel Citrus Plantations stock? Use our calculator to estimate your expected dividend yield:

I.C.P. Israel Citrus Plantations Financial Ratios

P/E ratio23.94
PEG ratio14.42
P/B ratio0.98
ROE3.84%
Payout ratio370.64%
Current ratio7.57
Quick ratio7.57
Cash Ratio7.57

I.C.P. Israel Citrus Plantations Dividend FAQ

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