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NewMed Energy - Limited Partnership engages in the exploration, development, production, and sale of petroleum, natural gas, and condensate in Israel and Cyprus. The company holds interests in the Leviathan project, which covers an area of 500 km2 located to the west of the shores of Haifa; the Block 12 that covers an area of approximately 386 km2 located in Cyprus; and the Yam Tethys project, which covers an area of 500 km2 located to the west of the shores of Ashkelon. It also holds interests in the New Ofek license that covers an area of approximately 344 km2 located in Israel; the New Yahel license, covering an area of 397.5 km2 located in Israel; and the Tanin and Karish leases covering an area of approximately 500km2 located to the west of the shores of Nahariya. The company serves independent power producers and various industrial enterprises. NewMed Energy Management Ltd. serves as the general partner of the company. The company was formerly known as Delek Drilling - Limited Partnership and changed its name to NewMed Energy - Limited Partnership in February 2022. NewMed Energy - Limited Partnership was incorporated in 1993 and is based in Herzliya, Israel. NewMed Energy - Limited Partnership is a subsidiary of Delek Energy Systems Ltd.

NewMed Energy Dividend Announcement

NewMed Energy announced a quarterly dividend of $0.06 per ordinary share which will be made payable on 2024-09-05. Ex dividend date: 2024-08-23
NewMed Energy annual dividend for 2024 was $0.16
NewMed Energy annual dividend for 2023 was $0.18
NewMed Energy's trailing twelve-month (TTM) dividend yield is 6.77%
NewMed Energy's payout ratio for the trailing twelve months (TTM) is 46.24%
NewMed Energy's dividend growth over the last five years (2018-2023) was -9.14% year

NewMed Energy Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-23$0.06quarterly2024-09-05
2024-06-03$0.05quarterly2024-06-20
2024-03-28$0.05quarterly
2023-11-27$0.04quarterly2023-12-21
2023-08-29$0.04quarterly2023-09-14
2023-05-22$0.04quarterly2023-06-15
2023-04-06$0.05quarterly2023-04-20
2022-12-23$0.04quarterly2023-01-19
2022-08-24$0.04quarterly2022-09-22
2022-05-27$0.04quarterly2022-06-16
2021-12-30$0.23quarterly2022-01-20
2021-12-15$0.09quarterly2021-12-23
2021-10-06$0.09quarterly2021-10-13
2020-12-31$0.10quarterly2021-01-20
2020-11-25$0.06quarterly2020-12-07
2019-12-30$0.10quarterly2020-01-09
2019-08-22$0.13quarterly2019-09-05
2018-12-28$0.11quarterly2019-01-14
2018-01-02$0.18quarterly2018-01-18
2017-06-07$0.15quarterly2017-06-20
2017-01-24$0.17quarterly2017-02-09
2017-01-03$0.09quarterly
2017-01-02$0.09quarterly
2016-04-06$0.05quarterly
2015-10-07$0.09quarterly
2014-06-26$0.18quarterly

NewMed Energy Dividend per year

NewMed Energy Dividend growth

NewMed Energy Dividend Yield

NewMed Energy current trailing twelve-month (TTM) dividend yield is 6.77%. Interested in purchasing NewMed Energy stock? Use our calculator to estimate your expected dividend yield:

NewMed Energy Financial Ratios

P/E ratio7.27
PEG ratio-0.10
P/B ratio2.11
ROE30.95%
Payout ratio46.24%
Current ratio1.02
Quick ratio1.61
Cash Ratio0.16

NewMed Energy Dividend FAQ

How much is the next NewMed Energy dividend?
NewMed Energy's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next NewMed Energy dividend. The next NewMed Energy dividend will be released in April, May, August, or November.
When is NewMed Energy dividend paid?
NewMed Energy pays dividends on a quarterly basis. The specific dates may vary each year but are generally around April, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does NewMed Energy pay?
The specific amount of NewMed Energy dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find NewMed Energy's dividend history.
Does NewMed Energy stock pay dividends?
Yes, NewMed Energy does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find NewMed Energy's dividend history.
How much dividend does NewMed Energy pay?
NewMed Energy paid $0.158 in 2024, $0.179 in 2023, $0.128 in 2022, $0.399 in 2021, and $0.155 in 2020.
How often does NewMed Energy pay dividends?
NewMed Energy typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around April, May, August, and November.
What is NewMed Energy's dividend yield?
The current dividend yield for NewMed Energy is 6.77%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate NewMed Energy's exact dividend yield.
When does NewMed Energy go ex dividend?
NewMed Energy's ex-dividend date for the latest dividend was on 2024-08-23. NewMed Energy typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next NewMed Energy dividend paid?
NewMed Energy pays dividends on a quarterly basis, typically around April, May, August, or November, but the exact dates can vary each year.
Will NewMed Energy increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether NewMed Energy will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is NewMed Energy dividend per share?
NewMed Energy paid $0.158 per share in 2024 and $0.179 per share in 2023. The amount of dividend per share that NewMed Energy pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is NewMed Energy a dividend aristocrat?
No, 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 NewMed Energy a dividend king?
No, 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 NewMed Energy a dividend stock?
Yes, NewMed Energy is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is NewMed Energy a good dividend stock?
Whether NewMed Energy is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. NewMed Energy has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating NewMed Energy 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.
Does NewMed Energy pay dividends monthly?
NewMed Energy typically pays dividends on a quarterly basis.
Does NewMed Energy pay dividends quarterly?
NewMed Energy currently pays dividends on a quarterly basis.
Has NewMed Energy ever paid a dividend?
Yes, NewMed Energy has a history of paying dividends to its shareholders. NewMed Energy is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy NewMed Energy dividend stocks?
To buy NewMed Energy 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy NewMed Energy 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.
When does NewMed Energy pay dividends 2024?
NewMed Energy pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-05. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will NewMed Energy increase its dividend in 2024?
Decisions regarding NewMed Energy dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date NewMed Energy dividend overview you can look into the above table of dividend history.
How NewMed Energy dividend works?
The NewMed Energy dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how NewMed Energy's dividend process works:

1. Determination of Dividend: NewMed Energy'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, NewMed Energy 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, NewMed Energy 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 NewMed Energy 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.
How are NewMed Energy dividends paid?
NewMed Energy dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: NewMed Energy 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, NewMed Energy distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: NewMed Energy 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.
How many times does NewMed Energy pay dividends?
NewMed Energy typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does NewMed Energy pay dividends?
The general pattern is that NewMed Energy pays dividends around April, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is NewMed Energy dividend safe?
The safety of NewMed Energy's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of NewMed Energy'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 NewMed Energy'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.