Menora Mivtachim Holdings Ltd operates in insurance and finance sectors in Israel. The company offers life and health, and general insurance products, as well as automobile insurance products, such as compulsory automobile or property car insurance products; and pension and provident funds. It also engages in the mutual funds and portfolio management, securities underwriting, and real estate investment activities. The company was formerly known as General Liability Office Ltd. and changed its name to Menora Mivtachim Holdings Ltd in 2006. Menora Mivtachim Holdings Ltd was founded in 1935 and is based in Tel Aviv, Israel.
Menora Mivtachim Dividend Announcement
• Menora Mivtachim announced a semi annually dividend of ₪274.16 per ordinary share which will be made payable on 2024-09-15. Ex dividend date: 2024-09-05
• Menora Mivtachim annual dividend for 2024 was ₪556.65
• Menora Mivtachim annual dividend for 2023 was ₪282.79
• Menora Mivtachim's trailing twelve-month (TTM) dividend yield is 4.74%
• Menora Mivtachim's payout ratio for the trailing twelve months (TTM) is 26.24%
Menora Mivtachim Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-05 | ₪274.16 | semi annually | 2024-09-15 |
2024-04-08 | ₪282.49 | semi annually | |
2023-09-06 | ₪121.20 | semi annually | 2023-09-14 |
2023-04-10 | ₪161.60 | semi annually | 2023-04-20 |
2022-12-06 | ₪80.80 | semi annually | 2022-12-14 |
2021-02-22 | ₪158.05 | semi annually | 2021-03-01 |
2019-09-03 | ₪79.02 | semi annually | 2019-09-10 |
2019-04-02 | ₪79.02 | semi annually | 2019-04-11 |
2018-04-04 | ₪79.02 | semi annually | 2018-04-12 |
2017-09-10 | ₪79.02 | semi annually | 2017-09-18 |
2017-04-05 | ₪79.02 | semi annually | 2017-04-19 |
2014-12-04 | ₪158.05 | semi annually | |
2013-10-09 | ₪158.05 | semi annually | |
2007-05-30 | ₪157.44 | semi annually | |
2006-09-12 | ₪25.00 | semi annually | |
2006-06-13 | ₪42.00 | semi annually | |
2006-04-11 | ₪41.80 | semi annually | |
2006-02-13 | ₪44.00 | semi annually | |
2005-09-12 | ₪43.00 | semi annually | |
2005-06-15 | ₪43.00 | semi annually | |
2005-04-20 | ₪43.00 | semi annually |
Menora Mivtachim Dividend per year
Menora Mivtachim Dividend growth
Menora Mivtachim Dividend Yield
Menora Mivtachim current trailing twelve-month (TTM) dividend yield is 4.74%. Interested in purchasing Menora Mivtachim stock? Use our calculator to estimate your expected dividend yield:
Menora Mivtachim Financial Ratios
Menora Mivtachim Dividend FAQ
Other factors to consider when evaluating Menora Mivtachim 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: Menora Mivtachim'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, Menora Mivtachim 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, Menora Mivtachim 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 Menora Mivtachim 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: Menora Mivtachim 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, Menora Mivtachim distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Menora Mivtachim 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 Menora Mivtachim'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 Menora Mivtachim'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.