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Oil Refineries Ltd., together with its subsidiaries, produces and sells crude oil products in Israel and internationally. The company offers gasoline, naphtha, diesel fuel, kerosene, fuel oil, liquefied petroleum gas, and bitumen. It also offers polymers comprising polypropylene and polyethylene, which are used as raw materials in the plastics industry; and aromatic materials, such as benzene, paraxylene, xylene, orthoxylene, and toluene that are used as raw materials in the textiles, chemicals, paint, and plastic industries. Further, it is involved in trading and shipping activities. The company was formerly known as Haifa Refineries Ltd. and changed its name to Oil Refineries Ltd. in June 1972. Oil Refineries Ltd. was incorporated in 1959 and is based in Haifa, Israel.

Oil Refineries Dividend Announcement

Oil Refineries announced a semi annually dividend of $0.01 per ordinary share which will be made payable on 2024-09-19. Ex dividend date: 2024-09-04
Oil Refineries annual dividend for 2024 was $0.06
Oil Refineries annual dividend for 2023 was $0.08
Oil Refineries's trailing twelve-month (TTM) dividend yield is 18.52%
Oil Refineries's payout ratio for the trailing twelve months (TTM) is 142.15%

Oil Refineries Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-04$0.01semi annually2024-09-19
2024-03-21$0.05semi annually
2023-08-27$0.02semi annually2023-09-07
2023-03-21$0.06semi annually2023-03-29
2022-11-21$0.02semi annually2022-12-04
2022-05-02$0.02semi annually2022-05-15

Oil Refineries Dividend per year

Oil Refineries Dividend growth

Oil Refineries Dividend Yield

Oil Refineries current trailing twelve-month (TTM) dividend yield is 18.52%. Interested in purchasing Oil Refineries stock? Use our calculator to estimate your expected dividend yield:

Oil Refineries Financial Ratios

P/E ratio6.91
PEG ratio3.56
P/B ratio0.49
ROE6.97%
Payout ratio142.15%
Current ratio1.60
Quick ratio0.96
Cash Ratio0.37

Oil Refineries Dividend FAQ

How much is the next Oil Refineries dividend?
Oil Refineries's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Oil Refineries dividend. The next Oil Refineries dividend will be released in March, or August.
When is Oil Refineries dividend paid?
Oil Refineries pays dividends on a semi annually basis. The specific dates may vary each year but are generally around March, and August. 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 Oil Refineries pay?
The specific amount of Oil Refineries 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 Oil Refineries's dividend history.
Does Oil Refineries stock pay dividends?
Yes, Oil Refineries 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 Oil Refineries's dividend history.
How much dividend does Oil Refineries pay?
Oil Refineries paid $0.056 in 2024, $0.078 in 2023, $0.038 in 2022, $0.0 in 2021, and $0.0 in 2020.
How often does Oil Refineries pay dividends?
Oil Refineries typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around March, and August.
What is Oil Refineries's dividend yield?
The current dividend yield for Oil Refineries is 18.52%. 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 Oil Refineries's exact dividend yield.
When does Oil Refineries go ex dividend?
Oil Refineries's ex-dividend date for the latest dividend was on 2024-09-04. Oil Refineries 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 Oil Refineries dividend paid?
Oil Refineries pays dividends on a semi annually basis, typically around March, or August, but the exact dates can vary each year.
Will Oil Refineries 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 Oil Refineries 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 Oil Refineries dividend per share?
Oil Refineries paid $0.056 per share in 2024 and $0.078 per share in 2023. The amount of dividend per share that Oil Refineries 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 Oil Refineries 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 Oil Refineries 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 Oil Refineries a dividend stock?
Yes, Oil Refineries is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Oil Refineries a good dividend stock?
Whether Oil Refineries is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Oil Refineries has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Oil Refineries 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 Oil Refineries pay dividends monthly?
Oil Refineries typically pays dividends on a semi annually basis.
Does Oil Refineries pay dividends quarterly?
Oil Refineries currently pays dividends on a semi annually basis.
Has Oil Refineries ever paid a dividend?
Yes, Oil Refineries has a history of paying dividends to its shareholders. Oil Refineries is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Oil Refineries dividend stocks?
To buy Oil Refineries 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 Oil Refineries 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 Oil Refineries pay dividends 2024?
Oil Refineries pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-19. 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 Oil Refineries increase its dividend in 2024?
Decisions regarding Oil Refineries 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 Oil Refineries dividend overview you can look into the above table of dividend history.
How Oil Refineries dividend works?
The Oil Refineries 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 Oil Refineries's dividend process works:

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

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

3. Currency: Oil Refineries 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 Oil Refineries pay dividends?
Oil Refineries typically pays dividends on a semi annually 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 Oil Refineries pay dividends?
The general pattern is that Oil Refineries pays dividends around March, and August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Oil Refineries dividend safe?
The safety of Oil Refineries'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 Oil Refineries'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 Oil Refineries'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.