Mendelson Infrastructures & Industries Ltd. engages in the marketing and supply of conduction and flow products in Israel. The company offers plumbing products, such as domestic water supply systems, tanks, sewage products, air release\strainer\check valve\Ppressure reducing products, steel fittings, brass fittings, and ball valves; HDPE's; fire extinguishing products, including grooved and threaded fittings, fire protection valves, hydrants, fire accessories, water flow switches, fire sprinklers, pipe hangers, fire monitors, and red pipes; stainless steel products; and steel, concrete, PE, PVC, and copper pipes. It also provides compression fittings and valves fittings, BSP threaded fittings, saddles fittings, tooling, and accessories; high pressure forged fittings; electo fusion fittings; PVC fittings, valves, spare parts, and cement; flanges; valves; sanitation products; butt weld pipes fittings; backflow preventors and double check valves; and valves actuators. The company serves industry, infrastructure, contractors, local government, businesses, institutions, and private customers. Mendelson Infrastructures & Industries Ltd. was founded in 1947 and is based in Kiryat Ata, Israel.
Mendelson Infrastructures & Industries Dividend Announcement
• Mendelson Infrastructures & Industries announced a annually dividend of ₪32.81 per ordinary share which will be made payable on . Ex dividend date: 2024-03-31
• Mendelson Infrastructures & Industries annual dividend for 2024 was ₪32.81
• Mendelson Infrastructures & Industries annual dividend for 2023 was ₪65.62
• Mendelson Infrastructures & Industries's trailing twelve-month (TTM) dividend yield is 2.63%
• Mendelson Infrastructures & Industries's payout ratio for the trailing twelve months (TTM) is 32.60%
• Mendelson Infrastructures & Industries's dividend growth over the last five years (2018-2023) was 16.92% year
Mendelson Infrastructures & Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-31 | ₪32.81 | annually | |
2023-04-13 | ₪65.62 | annually | 2023-04-30 |
2022-03-30 | ₪27.76 | annually | 2022-04-07 |
2021-03-24 | ₪12.12 | annually | 2021-04-06 |
2020-08-23 | ₪10.10 | annually | 2020-08-30 |
2019-03-27 | ₪34.33 | annually | 2019-04-04 |
2018-04-02 | ₪30.04 | annually | 2018-04-16 |
2017-12-03 | ₪8.83 | annually | 2017-12-12 |
2015-11-12 | ₪299.11 | annually | |
2015-02-17 | ₪83.75 | annually | |
2014-12-08 | ₪11.96 | annually | |
2014-06-09 | ₪13.16 | annually | |
2013-11-25 | ₪8.38 | annually | |
2013-08-27 | ₪17.65 | annually | |
2013-08-13 | ₪18.84 | annually |
Mendelson Infrastructures & Industries Dividend per year
Mendelson Infrastructures & Industries Dividend growth
Mendelson Infrastructures & Industries Dividend Yield
Mendelson Infrastructures & Industries current trailing twelve-month (TTM) dividend yield is 2.63%. Interested in purchasing Mendelson Infrastructures & Industries stock? Use our calculator to estimate your expected dividend yield:
Mendelson Infrastructures & Industries Financial Ratios
Mendelson Infrastructures & Industries Dividend FAQ
Other factors to consider when evaluating Mendelson Infrastructures & Industries 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: Mendelson Infrastructures & Industries'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, Mendelson Infrastructures & Industries 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, Mendelson Infrastructures & Industries 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 Mendelson Infrastructures & Industries 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: Mendelson Infrastructures & Industries 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, Mendelson Infrastructures & Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mendelson Infrastructures & Industries 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 Mendelson Infrastructures & Industries'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 Mendelson Infrastructures & Industries'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.