Palram Industries (1990) Ltd, together with its subsidiaries, manufactures and sells semi-finished extruded thermoplastic sheets, architectural panel systems, and finished products in Israel and internationally. The company offers PVC, polycarbonate and acrylic sheets, and panel systems. Its products are used in DIY, construction, architectural project, advertising, agriculture, safety and security, and fabrication markets. The company was founded in 1963 and is based in Zevulun, Israel. Palram Industries (1990) Ltd is a subsidiary of Ramat Yohanan Industries & Agriculture Development-Agricultural Coperative Society.
Palram Industries Dividend Announcement
• Palram Industries announced a semi annually dividend of ₪116.62 per ordinary share which will be made payable on 2024-09-29. Ex dividend date: 2024-09-22
• Palram Industries annual dividend for 2024 was ₪349.85
• Palram Industries annual dividend for 2023 was ₪155.49
• Palram Industries's trailing twelve-month (TTM) dividend yield is 4.21%
• Palram Industries's payout ratio for the trailing twelve months (TTM) is 37.67%
• Palram Industries's dividend growth over the last five years (2018-2023) was 31.95% year
• Palram Industries's dividend growth over the last ten years (2013-2023) was 19.04% year
Palram Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-22 | ₪116.62 | semi annually | 2024-09-29 |
2024-04-11 | ₪233.23 | semi annually | 2024-04-18 |
2023-04-13 | ₪155.49 | semi annually | 2023-04-20 |
2022-04-26 | ₪272.10 | semi annually | 2022-05-17 |
2021-04-05 | ₪233.23 | semi annually | 2021-04-12 |
2020-06-22 | ₪77.74 | semi annually | 2020-06-30 |
2019-12-08 | ₪38.87 | semi annually | 2019-12-16 |
2019-04-14 | ₪38.87 | semi annually | 2019-04-30 |
2018-10-09 | ₪38.87 | semi annually | 2018-10-22 |
2017-05-16 | ₪46.65 | semi annually | 2017-05-29 |
2016-10-10 | ₪38.87 | semi annually | |
2015-09-08 | ₪34.98 | semi annually | |
2014-11-06 | ₪27.21 | semi annually | |
2013-09-09 | ₪27.21 | semi annually |
Palram Industries Dividend per year
Palram Industries Dividend growth
Palram Industries Dividend Yield
Palram Industries current trailing twelve-month (TTM) dividend yield is 4.21%. Interested in purchasing Palram Industries stock? Use our calculator to estimate your expected dividend yield:
Palram Industries Financial Ratios
Palram Industries Dividend FAQ
Other factors to consider when evaluating Palram Industries 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: Palram Industries'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, Palram Industries 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, Palram Industries 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 Palram Industries 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: Palram Industries 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, Palram Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Palram Industries 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 Palram Industries'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 Palram Industries'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.