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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-18 | ₪82.00 | quarterly | 2024-10-01 |
2024-06-27 | ₪81.00 | quarterly | 2024-07-25 |
2024-03-20 | ₪127.00 | quarterly | |
2023-08-20 | ₪69.00 | quarterly | 2023-09-03 |
2023-05-22 | ₪71.00 | quarterly | 2023-06-05 |
2023-03-29 | ₪59.00 | quarterly | 2023-04-16 |
2022-11-17 | ₪55.00 | quarterly | 2022-12-04 |
2022-08-17 | ₪261.00 | quarterly | 2022-08-28 |
2022-06-01 | ₪71.00 | quarterly | 2022-06-23 |
2022-03-22 | ₪65.00 | quarterly | 2022-04-12 |
2021-11-18 | ₪52.00 | quarterly | 2021-11-28 |
2021-08-19 | ₪60.00 | quarterly | 2021-09-05 |
2021-06-24 | ₪58.00 | quarterly | 2021-06-30 |
2021-03-18 | ₪64.00 | quarterly | 2021-03-30 |
2020-11-22 | ₪50.00 | quarterly | 2020-12-20 |
2020-09-09 | ₪47.00 | quarterly | 2020-09-17 |
2020-06-10 | ₪47.00 | quarterly | 2020-06-25 |
2020-03-19 | ₪57.00 | quarterly | 2020-03-29 |
2019-12-10 | ₪50.00 | quarterly | 2019-12-26 |
2019-09-04 | ₪43.00 | quarterly | 2019-09-22 |
2019-06-16 | ₪44.00 | quarterly | 2019-06-27 |
2019-03-19 | ₪50.00 | quarterly | 2019-03-28 |
2018-12-16 | ₪36.00 | quarterly | 2018-12-24 |
2018-08-22 | ₪40.00 | quarterly | 2018-09-06 |
2018-06-10 | ₪42.00 | quarterly | 2018-06-24 |
2018-03-19 | ₪48.00 | quarterly | 2018-03-27 |
2017-12-06 | ₪40.00 | quarterly | 2017-12-18 |
2017-09-04 | ₪28.00 | quarterly | 2017-09-17 |
2017-06-14 | ₪34.00 | quarterly | 2017-06-26 |
2017-03-20 | ₪40.00 | quarterly | 2017-03-29 |
2016-12-12 | ₪37.00 | quarterly | |
2016-09-18 | ₪29.00 | quarterly | |
2016-06-14 | ₪33.00 | quarterly | |
2016-03-22 | ₪40.00 | quarterly | |
2015-12-09 | ₪25.00 | quarterly | |
2015-08-26 | ₪28.00 | quarterly | |
2015-06-08 | ₪31.00 | quarterly | |
2015-03-19 | ₪36.00 | quarterly | |
2014-11-23 | ₪27.00 | quarterly | |
2014-09-04 | ₪20.00 | quarterly | |
2014-06-11 | ₪28.00 | quarterly | |
2014-03-20 | ₪34.00 | quarterly | |
2013-12-11 | ₪24.00 | quarterly | |
2013-08-27 | ₪28.00 | quarterly | |
2013-06-10 | ₪23.00 | quarterly | |
2013-03-24 | ₪30.00 | quarterly |
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
Matrix IT Dividend FAQ
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.
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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.
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.
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.