Israel Discount Bank Limited, together with its subsidiaries, provides various banking and financial services in Israel, Europe, and North America. The company operates through Retail Banking, Middle Market Banking, Corporate Banking, Financial Operations, Discount Capital, Discount Bancorp, Israel Credit Cards Company, and Other segments. Its personal banking services include checking accounts, deposits and savings products, loans and credit facilities, mortgages, credit cards, capital market products, consulting services, family banking programs, and tax exemption services. The company also provides accounts, credit, funds, credit cards, and loans for small businesses; commercial business products for factories, workshops, service providers, and merchants; corporate, residential and commercial construction, infrastructure, and rental property financing; and personal consulting services for corporations and executives in various fields of investment, inliquidity, and asset management; brokerage and trading services; customized services for diamond traders; and capital market consulting, including foreign trade, documentary collection and credit, foreign guarantee, export financing, online foreign trade, anti money laundering, and mutual fund services. In addition, it offers tools for capital market transactions; provides Israeli private banking, foreign currency, commercial payment, securities custody and execution, capital market advisory, international banking, portfolio management, and online and digital banking services; manages securities investment portfolios for private customers, corporations, not-for-profit organizations, and institutional bodies; and initiates and assists public offerings and private placements, as well as provides underwriting and distribution services. The company operates through a chain of 171 branches in Israel. Israel Discount Bank Limited was incorporated in 1935 and is based in Tel Aviv, Israel.
Israel Discount Bank Dividend Announcement
• Israel Discount Bank announced a quarterly dividend of ₪27.57 per ordinary share which will be made payable on 2024-12-12. Ex dividend date: 2024-11-28
• Israel Discount Bank annual dividend for 2024 was ₪93.24
• Israel Discount Bank annual dividend for 2023 was ₪84.65
• Israel Discount Bank's trailing twelve-month (TTM) dividend yield is 3.11%
• Israel Discount Bank's payout ratio for the trailing twelve months (TTM) is 22.50%
• Israel Discount Bank's dividend growth over the last five years (2018-2023) was 52.90% year
Israel Discount Bank Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-28 | ₪27.57 | quarterly | 2024-12-12 |
2024-08-26 | ₪25.34 | quarterly | 2024-09-08 |
2024-05-29 | ₪25.46 | quarterly | 2024-06-09 |
2024-03-26 | ₪14.86 | quarterly | |
2023-12-06 | ₪9.91 | quarterly | 2023-12-17 |
2023-08-23 | ₪28.79 | quarterly | 2023-09-03 |
2023-05-29 | ₪30.78 | quarterly | 2023-06-06 |
2023-03-22 | ₪15.18 | quarterly | 2023-03-30 |
2022-12-04 | ₪14.44 | quarterly | 2022-12-13 |
2022-08-21 | ₪10.99 | quarterly | 2022-08-30 |
2022-05-31 | ₪15.89 | quarterly | 2022-06-09 |
2022-03-21 | ₪9.09 | quarterly | 2022-03-30 |
2021-12-01 | ₪12.41 | quarterly | 2021-12-09 |
2020-03-25 | ₪4.19 | quarterly | 2020-04-05 |
2019-12-05 | ₪5.50 | quarterly | 2019-12-16 |
2019-08-22 | ₪7.02 | quarterly | 2019-09-01 |
2019-05-26 | ₪5.22 | quarterly | 2019-06-03 |
2019-03-19 | ₪4.18 | quarterly | 2019-03-28 |
2018-11-25 | ₪3.77 | quarterly | 2018-12-04 |
2018-08-23 | ₪3.61 | quarterly | 2018-09-02 |
2018-05-28 | ₪2.75 | quarterly | 2018-06-06 |
2008-10-07 | ₪8.39 | quarterly |
Israel Discount Bank Dividend per year
Israel Discount Bank Dividend growth
Israel Discount Bank Dividend Yield
Israel Discount Bank current trailing twelve-month (TTM) dividend yield is 3.11%. Interested in purchasing Israel Discount Bank stock? Use our calculator to estimate your expected dividend yield:
Israel Discount Bank Financial Ratios
Israel Discount Bank Dividend FAQ
Other factors to consider when evaluating Israel Discount Bank 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: Israel Discount Bank'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, Israel Discount Bank 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, Israel Discount Bank 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 Israel Discount Bank 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: Israel Discount Bank 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, Israel Discount Bank distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Israel Discount Bank 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 Israel Discount Bank'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 Israel Discount Bank'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.