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Multi Retail Group Ltd engages in the retail business in Israel. Its stores offer home improvement, and yard and vehicle maintenance products under the ACE, AUTODEPOT, and Spetz brands. The company also offers electrical accessories, such as sockets, switches, bulbs, extensions, and splitters; electrical appliances, heating and cooling products, communications and electronics appliances; garden furniture, pools and Jacuzzi, gardening, sea camping and hiking, grills, and storage and outdoor equipment; garden and yard cabinets, chests of drawers, sofas, beds, armchairs, tables, and chairs; home textiles, including blankets, sleeping pillows, bedding products, curtains, tablecloths, and pillows; home maintenance products; and design and decoration, including frame pictures and decorative flowers. In addition, it provides faucets, sewer fittings, faucet equipment, bathroom cabinets, toilet seats, showers, bathroom fittings, shower heads, bath and plumbing sliding wardrobes, opening cabinets, closets, workstations, bookcases, hives, chairs, lighting fixtures, tires, batteries, home, car care accessories, building materials, sealing and gluings, paints, wallpapers, painting equipment, paint and building materials, storage tools, power tools, hand tools, work equipment tools, technical equipment, carpets, and flooring rugs, as well as garage services. Further, the company manufactures cabinets, closets, chests of drawers, bookcases, and office furniture, including home office furniture. It operates 32 physical stores and 2 e-commerce sites. The company was formerly known as AS Capital Retail (2016) Ltd. and changed its name to Multi Retail Group Ltd in December 2021. Multi Retail Group Ltd was incorporated in 2016 and is headquartered in Rishon Lezion, Israel.

Multi Retail Dividend Announcement

• Multi Retail announced a quarterly dividend of ₪42.62 per ordinary share which will be made payable on 2021-12-07. Ex dividend date: 2021-11-29
• Multi Retail's trailing twelve-month (TTM) dividend yield is -%

Multi Retail Dividend History

Ex-Div dateDividend amountDividend typePay date
2021-11-29₪42.62quarterly2021-12-07
2021-05-31₪36.23quarterly2021-06-07
2021-01-31₪86.61quarterly2021-02-08

Multi Retail Dividend per year

Multi Retail Dividend Yield

Multi Retail current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Multi Retail stock? Use our calculator to estimate your expected dividend yield:

Multi Retail Financial Ratios

P/E ratio60.21
PEG ratio158.45
P/B ratio2.67
ROE4.65%
Payout ratio0.00%
Current ratio0.59
Quick ratio0.15
Cash Ratio0.01

Multi Retail Dividend FAQ

Does Multi Retail stock pay dividends?
Multi Retail does not currently pay dividends to its shareholders.
Has Multi Retail ever paid a dividend?
No, Multi Retail has no a history of paying dividends to its shareholders. Multi Retail is not known for its dividend payments.
Why doesn't Multi Retail pay dividends?
There are several potential reasons why Multi Retail 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.
Will Multi Retail 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 Multi Retail 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 Multi Retail a dividend aristocrat?
Multi Retail 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 Multi Retail a dividend king?
Multi Retail 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 Multi Retail a dividend stock?
No, Multi Retail 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 Multi Retail stocks?
To buy Multi Retail 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 Multi Retail 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.