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Matrix IT Ltd. provides information technology (IT) services worldwide. The company offers consulting services in the areas of customer experience, and supply chain and logistics; develops and implements customer relationship management solutions; operates a customer service center; and provides enterprise resource planning solutions to businesses. It also offers business intelligence, big data, and analytics solutions, as well as digitization services; and research and development, testing and automation, nearshore, offshore, training and implementation, and DevOps services. In addition, the company provides cloud solutions; develops data platforms; develops and supports integration platforms; and offers IT-as-a-Service. Further, it provides cyber security services; financial crime prevention and compliance solutions and services; and business continuity management and disaster recovery solutions. Additionally, the company offers customer facing, business excellence, defense, urban planning and environment, infrastructure and transport, healthcare, supply chain management, and innovation consulting services, as well as distributes software products. It serves healthcare, high-tech, public service, retail, finance, and defense sectors. The company was incorporated in 1989 and is headquartered in Herzliya, Israel.

Matrix IT Dividend Announcement

Matrix IT announced a quarterly dividend of ₪82.00 per ordinary share which will be made payable on 2024-10-01. Ex dividend date: 2024-09-18
Matrix IT annual dividend for 2024 was ₪290.00
Matrix IT annual dividend for 2023 was ₪199.00
Matrix IT's trailing twelve-month (TTM) dividend yield is 4.98%
Matrix IT's payout ratio for the trailing twelve months (TTM) is 50.59%
Matrix IT's dividend growth over the last five years (2018-2023) was 3.69% year
Matrix IT's dividend growth over the last ten years (2013-2023) was 6.60% year

Matrix IT Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-18₪82.00quarterly2024-10-01
2024-06-27₪81.00quarterly2024-07-25
2024-03-20₪127.00quarterly
2023-08-20₪69.00quarterly2023-09-03
2023-05-22₪71.00quarterly2023-06-05
2023-03-29₪59.00quarterly2023-04-16
2022-11-17₪55.00quarterly2022-12-04
2022-08-17₪261.00quarterly2022-08-28
2022-06-01₪71.00quarterly2022-06-23
2022-03-22₪65.00quarterly2022-04-12
2021-11-18₪52.00quarterly2021-11-28
2021-08-19₪60.00quarterly2021-09-05
2021-06-24₪58.00quarterly2021-06-30
2021-03-18₪64.00quarterly2021-03-30
2020-11-22₪50.00quarterly2020-12-20
2020-09-09₪47.00quarterly2020-09-17
2020-06-10₪47.00quarterly2020-06-25
2020-03-19₪57.00quarterly2020-03-29
2019-12-10₪50.00quarterly2019-12-26
2019-09-04₪43.00quarterly2019-09-22
2019-06-16₪44.00quarterly2019-06-27
2019-03-19₪50.00quarterly2019-03-28
2018-12-16₪36.00quarterly2018-12-24
2018-08-22₪40.00quarterly2018-09-06
2018-06-10₪42.00quarterly2018-06-24
2018-03-19₪48.00quarterly2018-03-27
2017-12-06₪40.00quarterly2017-12-18
2017-09-04₪28.00quarterly2017-09-17
2017-06-14₪34.00quarterly2017-06-26
2017-03-20₪40.00quarterly2017-03-29
2016-12-12₪37.00quarterly
2016-09-18₪29.00quarterly
2016-06-14₪33.00quarterly
2016-03-22₪40.00quarterly
2015-12-09₪25.00quarterly
2015-08-26₪28.00quarterly
2015-06-08₪31.00quarterly
2015-03-19₪36.00quarterly
2014-11-23₪27.00quarterly
2014-09-04₪20.00quarterly
2014-06-11₪28.00quarterly
2014-03-20₪34.00quarterly
2013-12-11₪24.00quarterly
2013-08-27₪28.00quarterly
2013-06-10₪23.00quarterly
2013-03-24₪30.00quarterly

Matrix IT Dividend per year

Matrix IT Dividend growth

Matrix IT Dividend Yield

Matrix IT current trailing twelve-month (TTM) dividend yield is 4.98%. Interested in purchasing Matrix IT stock? Use our calculator to estimate your expected dividend yield:

Matrix IT Financial Ratios

P/E ratio19.37
PEG ratio-286.23
P/B ratio4.50
ROE23.72%
Payout ratio50.59%
Current ratio1.13
Quick ratio1.08
Cash Ratio0.23

Matrix IT Dividend FAQ

How much is the next Matrix IT dividend?
Matrix IT's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Matrix IT dividend. The next Matrix IT dividend will be released in March, May, or August.
When is Matrix IT dividend paid?
Matrix IT pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, May, and August. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Matrix IT pay?
The specific amount of Matrix IT dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Matrix IT's dividend history.
Does Matrix IT stock pay dividends?
Yes, Matrix IT does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Matrix IT's dividend history.
How much dividend does Matrix IT pay?
Matrix IT paid ₪290 in 2024, ₪199 in 2023, ₪452 in 2022, ₪234 in 2021, and ₪201 in 2020.
How often does Matrix IT pay dividends?
Matrix IT typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, May, and August.
What is Matrix IT's dividend yield?
The current dividend yield for Matrix IT is 4.98%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Matrix IT's exact dividend yield.
When does Matrix IT go ex dividend?
Matrix IT's ex-dividend date for the latest dividend was on 2024-09-18. Matrix IT typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Matrix IT dividend paid?
Matrix IT pays dividends on a quarterly basis, typically around March, May, or August, but the exact dates can vary each year.
Will Matrix IT increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Matrix IT will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Matrix IT dividend per share?
Matrix IT paid ₪290 per share in 2024 and ₪199 per share in 2023. The amount of dividend per share that Matrix IT pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Matrix IT a dividend aristocrat?
No, 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 Matrix IT a dividend king?
No, 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 Matrix IT a dividend stock?
Yes, Matrix IT is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Matrix IT a good dividend stock?
Whether Matrix IT is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Matrix IT has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Matrix IT 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.
Does Matrix IT pay dividends monthly?
Matrix IT typically pays dividends on a quarterly basis.
Does Matrix IT pay dividends quarterly?
Matrix IT currently pays dividends on a quarterly basis.
Has Matrix IT ever paid a dividend?
Yes, Matrix IT has a history of paying dividends to its shareholders. Matrix IT is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Matrix IT dividend stocks?
To buy Matrix IT 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Matrix IT 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.
When does Matrix IT pay dividends 2024?
Matrix IT pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-01. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Matrix IT increase its dividend in 2024?
Decisions regarding Matrix IT dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Matrix IT dividend overview you can look into the above table of dividend history.
How Matrix IT dividend works?
The Matrix IT dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Matrix IT's dividend process works:

1. Determination of Dividend: Matrix IT'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, Matrix IT 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, Matrix IT 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 Matrix IT 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.
How are Matrix IT dividends paid?
Matrix IT dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Matrix IT 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, Matrix IT distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Matrix IT 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.
How many times does Matrix IT pay dividends?
Matrix IT typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Matrix IT pay dividends?
The general pattern is that Matrix IT pays dividends around March, May, and August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Matrix IT dividend safe?
The safety of Matrix IT's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Matrix IT'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 Matrix IT'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.