Maytronics Ltd. engages in the development, production, marketing, distribution, and technical support of swimming pool equipment in Israel, North America, Europe, Oceania, and internationally. It offers robotic pool cleaners for residential and commercial pools under the Dolphin name; and pool alarms, a swimming pool safety alarm system under the Aqualarm, Sensor Premium, and Sensor Espio names. The company also provides pool covers, including above water, in water, and solar operated mechanisms under the AQUAlife name; water-powered motor for pool covers; and computer-aided drowning detection systems. In addition, it offers in and above ground solar pool heaters; and swimming pool glass filter media, as well as other supplementary products for the swimming pool water treatment. The company sells its products through distributors. The company was founded in 1983 and is headquartered in Jezreel Valley, Israel. Maytronics Ltd. is a subsidiary of Kibbutz Yizre'el Holdings 2004 ACS Ltd.
Maytronics Dividend Announcement
• Maytronics announced a semi annually dividend of ₪18.22 per ordinary share which will be made payable on 2024-10-15. Ex dividend date: 2024-09-16
• Maytronics annual dividend for 2024 was ₪41.01
• Maytronics annual dividend for 2023 was ₪85.74
• Maytronics's trailing twelve-month (TTM) dividend yield is 5.89%
• Maytronics's payout ratio for the trailing twelve months (TTM) is 133.69%
• Maytronics's dividend growth over the last five years (2018-2023) was 7.94% year
• Maytronics's dividend growth over the last ten years (2013-2023) was 9.65% year
Maytronics Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-16 | ₪18.22 | semi annually | 2024-10-15 |
2024-06-04 | ₪22.78 | semi annually | 2024-06-27 |
2023-09-10 | ₪45.58 | semi annually | 2023-09-28 |
2023-05-29 | ₪40.16 | semi annually | 2023-06-25 |
2022-08-31 | ₪59.47 | semi annually | 2022-09-29 |
2022-04-03 | ₪54.92 | semi annually | 2022-04-27 |
2021-09-01 | ₪68.68 | semi annually | 2021-09-19 |
2021-04-08 | ₪41.34 | semi annually | 2021-04-22 |
2020-09-06 | ₪50.83 | semi annually | 2020-09-23 |
2020-08-02 | ₪12.96 | semi annually | 2020-08-13 |
2020-04-30 | ₪12.96 | semi annually | 2020-05-14 |
2019-09-10 | ₪44.58 | semi annually | 2019-09-24 |
2019-04-04 | ₪22.29 | semi annually | 2019-04-18 |
2018-09-04 | ₪41.80 | semi annually | 2018-09-20 |
2018-04-12 | ₪16.72 | semi annually | 2018-04-25 |
2017-09-06 | ₪34.37 | semi annually | 2017-09-18 |
2017-04-09 | ₪11.15 | semi annually | 2017-04-23 |
2016-09-04 | ₪32.51 | semi annually | |
2015-12-14 | ₪41.80 | semi annually | |
2015-06-21 | ₪13.93 | semi annually | |
2014-12-15 | ₪24.35 | semi annually | |
2014-06-23 | ₪14.61 | semi annually | |
2013-12-10 | ₪19.50 | semi annually | |
2013-06-24 | ₪14.63 | semi annually |
Maytronics Dividend per year
Maytronics Dividend growth
Maytronics Dividend Yield
Maytronics current trailing twelve-month (TTM) dividend yield is 5.89%. Interested in purchasing Maytronics stock? Use our calculator to estimate your expected dividend yield:
Maytronics Financial Ratios
Maytronics Dividend FAQ
Other factors to consider when evaluating Maytronics 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: Maytronics'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, Maytronics 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, Maytronics 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 Maytronics 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: Maytronics 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, Maytronics distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Maytronics 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 Maytronics'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 Maytronics'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.