Novolog (Pharm-Up 1966) Ltd provides healthcare services in Israel. It offers medical devices to healthcare institutions and patients in their homes; and medical logistics services to pharmaceutical and medical device companies. The company also produces and disseminates medical content and tools to the general public and medical community; and develops personalized treatment programs and initiates home visits by nurses. In addition, it provides health and medical process management services for corporations; and supplies sterilization services using ethylene oxide gas for medical and laboratory products, as well as offers direct access to health and wellness ecosystem for international corporations. The company is based in Modi'in-Maccabim-Re'ut, Israel.
Novolog Dividend Announcement
• Novolog announced a quarterly dividend of ₪1.96 per ordinary share which will be made payable on 2024-12-09. Ex dividend date: 2024-12-02
• Novolog annual dividend for 2024 was ₪7.83
• Novolog annual dividend for 2023 was ₪3.32
• Novolog's trailing twelve-month (TTM) dividend yield is 4.63%
• Novolog's payout ratio for the trailing twelve months (TTM) is -469.19%
• Novolog's dividend growth over the last five years (2018-2023) was 7.10% year
Novolog Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-02 | ₪1.96 | quarterly | 2024-12-09 |
2024-09-03 | ₪2.94 | quarterly | 2024-09-12 |
2024-04-02 | ₪2.94 | quarterly | |
2023-03-27 | ₪3.32 | quarterly | 2023-04-03 |
2022-11-24 | ₪3.24 | quarterly | 2022-12-01 |
2022-03-24 | ₪3.04 | quarterly | 2022-04-04 |
2021-08-24 | ₪3.16 | quarterly | 2021-09-02 |
2021-03-30 | ₪3.17 | quarterly | 2021-04-08 |
2020-08-31 | ₪2.59 | quarterly | 2020-09-14 |
2019-03-20 | ₪4.29 | quarterly | 2019-04-01 |
2018-03-29 | ₪2.36 | quarterly | 2018-04-12 |
Novolog Dividend per year
Novolog Dividend growth
Novolog Dividend Yield
Novolog current trailing twelve-month (TTM) dividend yield is 4.63%. Interested in purchasing Novolog stock? Use our calculator to estimate your expected dividend yield:
Novolog Financial Ratios
Novolog Dividend FAQ
Other factors to consider when evaluating Novolog 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: Novolog'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, Novolog 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, Novolog 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 Novolog 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: Novolog 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, Novolog distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Novolog 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 Novolog'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 Novolog'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.