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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2007-08-28 | ₪0.06 | annually | |
2005-07-04 | ₪0.05 | annually | |
2004-06-07 | ₪0.02 | annually | |
2001-12-11 | ₪0.02 | annually |
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
Israel Petrochemical Enterprises Dividend FAQ
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.
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