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Israel Petrochemical Enterprises Ltd., together with its subsidiaries, operates in the petrochemicals industry worldwide. The company provides various petroleum products, such as gasoline, naphtha, diesel, kerosene, fuel oil, LPG, and bitumen. In addition, the company produces raw materials for the plastic industry, such as polypropylene and polyethylene; and aromatic material for chemical and petrochemical industry. Further, it provides basic oils and waxes, as well as leases tankers to transport fuel products. The company serves fuel and gas marketing companies and gas stations. It sells its products through agents and distributors. The company was founded in 1961 and is headquartered in Tel Aviv-Yafo, Israel. Israel Petrochemical Enterprises Ltd. is a subsidiary of Alverstone Ltd.

Israel Petrochemical Enterprises Dividend Announcement

Israel Petrochemical Enterprises announced a annually dividend of ₪0.06 per ordinary share which will be made payable on . Ex dividend date: 2007-08-28
Israel Petrochemical Enterprises's trailing twelve-month (TTM) dividend yield is -%

Israel Petrochemical Enterprises Dividend History

Ex-Div dateDividend amountDividend typePay date
2007-08-28₪0.06annually
2005-07-04₪0.05annually
2004-06-07₪0.02annually
2001-12-11₪0.02annually

Israel Petrochemical Enterprises Dividend per year

Israel Petrochemical Enterprises Dividend Yield

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

Israel Petrochemical Enterprises Financial Ratios

P/E ratio2.06
PEG ratio1.91
P/B ratio0.26
ROE12.76%
Payout ratio0.00%
Current ratio1.07
Quick ratio1.07
Cash Ratio0.04

Israel Petrochemical Enterprises Dividend FAQ

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