Nawi Brothers Group Ltd provides finance and non-bank credit services in Israel. The company's services include real estate initiative financing and completion of equity, import/suppliers financing, credit insurance for companies and businesses, financing for companies and businesses, equipment financing, financing against commercial checks, and bridging loans. It serves corporations, companies, partnerships, licensed dealers, and businessmen in various industries. The company was formerly known as Golden Equity Holdings Ltd. and changed its name to Nawi Brothers Group Ltd in January 2011. Nawi Brothers Group Ltd was incorporated in 1984 and is based in Tel Aviv, Israel.
Nawi Brothers Dividend Announcement
• Nawi Brothers announced a quarterly dividend of ₪65.41 per ordinary share which will be made payable on 2024-08-29. Ex dividend date: 2024-08-22
• Nawi Brothers annual dividend for 2024 was ₪227.34
• Nawi Brothers annual dividend for 2023 was ₪112.48
• Nawi Brothers's trailing twelve-month (TTM) dividend yield is 7.14%
• Nawi Brothers's payout ratio for the trailing twelve months (TTM) is 61.67%
Nawi Brothers Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-22 | ₪65.41 | quarterly | 2024-08-29 |
2024-06-02 | ₪58.05 | quarterly | 2024-06-09 |
2024-04-01 | ₪103.88 | quarterly | 2024-04-08 |
2023-08-24 | ₪112.48 | quarterly | 2023-09-01 |
2022-12-04 | ₪72.10 | quarterly | 2022-12-11 |
2022-09-01 | ₪91.66 | quarterly | 2022-09-11 |
2022-06-06 | ₪30.55 | quarterly | 2022-06-21 |
2022-03-21 | ₪61.11 | quarterly | 2022-04-05 |
2021-11-28 | ₪51.00 | quarterly | 2021-12-08 |
2021-08-26 | ₪46.90 | quarterly | 2021-09-05 |
2021-06-08 | ₪35.14 | quarterly | 2021-06-21 |
2021-03-21 | ₪73.33 | quarterly | 2021-04-06 |
2020-12-08 | ₪39.70 | quarterly | 2021-01-03 |
2018-04-09 | ₪90.41 | quarterly | 2018-04-26 |
2017-03-27 | ₪25.91 | quarterly | 2017-04-05 |
2016-12-22 | ₪86.56 | quarterly | |
2016-06-21 | ₪101.39 | quarterly | |
2015-11-25 | ₪98.12 | quarterly | |
2014-05-28 | ₪90.48 | quarterly | |
2013-06-11 | ₪57.49 | quarterly |
Nawi Brothers Dividend per year
Nawi Brothers Dividend growth
Nawi Brothers Dividend Yield
Nawi Brothers current trailing twelve-month (TTM) dividend yield is 7.14%. Interested in purchasing Nawi Brothers stock? Use our calculator to estimate your expected dividend yield:
Nawi Brothers Financial Ratios
Nawi Brothers Dividend FAQ
Other factors to consider when evaluating Nawi Brothers 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: Nawi Brothers'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, Nawi Brothers 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, Nawi Brothers 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 Nawi Brothers 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: Nawi Brothers 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, Nawi Brothers distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Nawi Brothers 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 Nawi Brothers'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 Nawi Brothers'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.