Michman Basad Ltd provides credit to small and medium-sized businesses. It offers credit against the receipt of deferred relays written by third parties, as well as credit against payment of deferred installments/tools and engineering equipment. The company was incorporated in 2015 and is based in Bnei Brak, Israel.
Michman Basad Dividend Announcement
• Michman Basad announced a annually dividend of ₪406.65 per ordinary share which will be made payable on 2023-07-04. Ex dividend date: 2023-06-27
• Michman Basad's trailing twelve-month (TTM) dividend yield is -%
• Michman Basad's payout ratio for the trailing twelve months (TTM) is 17.85%
Michman Basad Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2023-06-27 | ₪406.65 | annually | 2023-07-04 |
Michman Basad Dividend per year
Michman Basad Dividend Yield
Michman Basad current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Michman Basad stock? Use our calculator to estimate your expected dividend yield:
Michman Basad Financial Ratios
P/E ratio7.78
PEG ratio7.78
P/B ratio1.79
ROE25.32%
Payout ratio17.85%
Current ratio2.08
Quick ratio2.08
Cash Ratio0.13
Michman Basad Dividend FAQ
Does Michman Basad stock pay dividends?
Michman Basad does not currently pay dividends to its shareholders.
Has Michman Basad ever paid a dividend?
No, Michman Basad has no a history of paying dividends to its shareholders. Michman Basad is not known for its dividend payments.
Why doesn't Michman Basad pay dividends?
There are several potential reasons why Michman Basad would choose not to pay dividends to their shareholders:
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Michman Basad ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Michman Basad has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Michman Basad a dividend aristocrat?
Michman Basad is not considered a Dividend Aristocrat. 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 Michman Basad a dividend king?
Michman Basad is not classified as a "Dividend King". 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 Michman Basad a dividend stock?
No, Michman Basad is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Michman Basad stocks?
To buy Michman Basad 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 and account minimums.
Place an order: Use the brokerage's trading platform to place an order to buy Michman Basad 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.
Place an order: Use the brokerage's trading platform to place an order to buy Michman Basad 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.