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Paz Oil Company Ltd., together with its subsidiaries, refines, produces, stores, imports, and markets fuel products in Israel and internationally. The company markets oil and fuel products through 275 fueling stations, and food and convenience products through 235 Yellow market stores; leases stores; and provides engineering, maintenance, and logistic services for the retail complexes. It is also involved in the direct marketing of fuel products to institutional customers, industries, and other enterprises, as well as to car fleets and the Palestinian Authority. In addition, the company markets condensed hydrocarbon gas for cooking and heating; produces, imports, markets, and exports automotive lubricants and chemicals; develops, produces, markets, and exports sealing and insulation solutions, bitumen, coatings, and adhesives for the transportation, infrastructure, and construction industries; and supplies aviation fuel, as well as provides refueling services to aviation companies. Further, it manufactures petroleum products and electricity; imports crude oil and field materials; and offers procurement services. The company was formerly known as The Shell Company of Palestine and changed its name to Paz Oil Company Ltd. in 1960. Paz Oil Company Ltd. was founded in 1922 and is based in Yakum, Israel.

Paz Oil Dividend Announcement

Paz Oil announced a quarterly dividend of ₪2200.91 per ordinary share which will be made payable on 2024-10-01. Ex dividend date: 2024-09-15
Paz Oil annual dividend for 2024 was ₪4543.99
Paz Oil annual dividend for 2023 was ₪704.64
Paz Oil's trailing twelve-month (TTM) dividend yield is 0.13%
Paz Oil's payout ratio for the trailing twelve months (TTM) is 54.95%

Paz Oil Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-15₪2200.91quarterly2024-10-01
2024-06-16₪1640.05quarterly2024-07-01
2024-04-03₪703.03quarterly
2023-12-21₪704.64quarterly2024-04-18
2020-06-03₪590.04quarterly2020-06-11
2019-04-04₪2753.96quarterly2019-04-15
2018-03-26₪3937.74quarterly2018-04-09
2016-12-15₪2956.01quarterly
2015-12-17₪1675.78quarterly
2015-07-05₪2463.32quarterly
2014-12-08₪2461.13quarterly
2014-01-15₪2461.77quarterly
2011-12-11₪1971.91quarterly
2011-01-03₪2465.19quarterly
2010-04-12₪2488.72quarterly
2008-11-18₪2973.66quarterly
2008-02-12₪2100.28quarterly
2007-04-18₪866.92quarterly

Paz Oil Dividend per year

Paz Oil Dividend growth

Paz Oil Dividend Yield

Paz Oil current trailing twelve-month (TTM) dividend yield is 0.13%. Interested in purchasing Paz Oil stock? Use our calculator to estimate your expected dividend yield:

Paz Oil Financial Ratios

P/E ratio15.43
PEG ratio252.91
P/B ratio1.25
ROE8.37%
Payout ratio54.95%
Current ratio1.24
Quick ratio1.11
Cash Ratio0.38

Paz Oil Dividend FAQ

How much is the next Paz Oil dividend?
Paz Oil's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Paz Oil dividend. The next Paz Oil dividend will be released in December.
When is Paz Oil dividend paid?
Paz Oil pays dividends on a quarterly basis. The specific dates may vary each year but are generally around December. 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 Paz Oil pay?
The specific amount of Paz Oil 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 Paz Oil's dividend history.
Does Paz Oil stock pay dividends?
Yes, Paz Oil 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 Paz Oil's dividend history.
How much dividend does Paz Oil pay?
Paz Oil paid ₪4543.988 in 2024, ₪704.64 in 2023, ₪0.0 in 2022, ₪0.0 in 2021, and ₪590.045 in 2020.
How often does Paz Oil pay dividends?
Paz Oil 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 December.
What is Paz Oil's dividend yield?
The current dividend yield for Paz Oil is 0.13%. 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 Paz Oil's exact dividend yield.
When does Paz Oil go ex dividend?
Paz Oil's ex-dividend date for the latest dividend was on 2024-09-15. Paz Oil 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 Paz Oil dividend paid?
Paz Oil pays dividends on a quarterly basis, typically around December, but the exact dates can vary each year.
Will Paz Oil 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 Paz Oil 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 Paz Oil dividend per share?
Paz Oil paid ₪4543.988 per share in 2024 and ₪704.64 per share in 2023. The amount of dividend per share that Paz Oil 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 Paz Oil 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 Paz Oil 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 Paz Oil a dividend stock?
Yes, Paz Oil is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Paz Oil a good dividend stock?
Whether Paz Oil is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Paz Oil has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Paz Oil 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 Paz Oil pay dividends monthly?
Paz Oil typically pays dividends on a quarterly basis.
Does Paz Oil pay dividends quarterly?
Paz Oil currently pays dividends on a quarterly basis.
Has Paz Oil ever paid a dividend?
Yes, Paz Oil has a history of paying dividends to its shareholders. Paz Oil is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Paz Oil dividend stocks?
To buy Paz Oil 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 Paz Oil 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 Paz Oil pay dividends 2024?
Paz Oil pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-01. 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 Paz Oil increase its dividend in 2024?
Decisions regarding Paz Oil 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 Paz Oil dividend overview you can look into the above table of dividend history.
How Paz Oil dividend works?
The Paz Oil 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 Paz Oil's dividend process works:

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

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

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