IMCO Industries Ltd. designs, develops, manufactures, and sells electromechanical and electrical solutions for military customers in Israel, the United States, and India. The company provides land solutions, such as high-definition multi-function display for ground applications, operational electrical and power distribution boxes, smoke grenade launchers, control harnesses, external crew switch boxes, electro-mechanic and video switches, internal and external LED lightings, slip rings, and fuel feeler gauges, as well as CNC metalworking and assembly manual work solutions. It also offers air solutions, including glass cockpits for foreign army, large area display for glass cockpits, IAI blackhawk demonstrator helicopters, multi-function display for avionic radar and EW systems, and harnesses, as well as hands-on throttle and stick products, such as throttles and joysticks. In addition, the company provides naval solutions, such as computer units for stabilized cannon, naval multi-function displays and recorders, harnesses for stabilized cannon, fire control system display screens, and video recording and distribution systems, as well as renovation of submarine stick wheels. Further, it offers medical/civil solutions, including aesthetics devices, such as laser hair removal, body contouring, facial aesthetics RF, and laser devices, as well as laser device handles. The company was founded in 1974 and is based in Nesher, Israel. IMCO Industries Ltd. is a subsidiary of Josef Yakir Investments & Assets Ltd.
IMCO Industries Dividend Announcement
• IMCO Industries announced a annually dividend of ₪89.83 per ordinary share which will be made payable on 2024-06-30. Ex dividend date: 2024-06-09
• IMCO Industries annual dividend for 2024 was ₪89.83
• IMCO Industries's trailing twelve-month (TTM) dividend yield is 2.63%
• IMCO Industries's payout ratio for the trailing twelve months (TTM) is 46.94%
IMCO Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-09 | ₪89.83 | annually | 2024-06-30 |
2021-05-05 | ₪35.43 | annually | 2021-05-13 |
2017-04-06 | ₪55.89 | annually | 2017-04-20 |
2016-04-05 | ₪59.89 | annually | |
2015-04-14 | ₪59.89 | annually | |
2014-04-07 | ₪169.68 | annually | |
2013-04-07 | ₪169.68 | annually | |
2011-12-11 | ₪199.62 | annually | |
2011-04-11 | ₪199.62 | annually | |
2010-04-12 | ₪99.62 | annually | |
2009-04-20 | ₪159.69 | annually | |
2008-04-15 | ₪49.91 | annually | |
2007-04-11 | ₪39.92 | annually |
IMCO Industries Dividend per year
IMCO Industries Dividend growth
IMCO Industries Dividend Yield
IMCO Industries current trailing twelve-month (TTM) dividend yield is 2.63%. Interested in purchasing IMCO Industries stock? Use our calculator to estimate your expected dividend yield:
IMCO Industries Financial Ratios
IMCO Industries Dividend FAQ
Other factors to consider when evaluating IMCO Industries 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: IMCO Industries'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, IMCO Industries 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, IMCO Industries 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 IMCO Industries 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: IMCO Industries 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, IMCO Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: IMCO Industries 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 IMCO Industries'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 IMCO Industries'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.