Primotec Group Ltd produces, imports, and markets a range of consumer products in Israel and Europe. It offers cleaning materials, paper products, nylon products, disposable products, perfumes, household equipment, ancillary equipment for medicine and geriatrics, and packaging products, as well as accessories and furniture for hygienic spaces. The company was founded in 1985 and is headquartered in Beersheba, Israel.
Primotec Dividend Announcement
• Primotec announced a annually dividend of ₪137.43 per ordinary share which will be made payable on 2024-12-16. Ex dividend date: 2024-12-08
• Primotec annual dividend for 2024 was ₪137.43
• Primotec's trailing twelve-month (TTM) dividend yield is 9.47%
Primotec Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-08 | ₪137.43 | annually | 2024-12-16 |
2022-09-07 | ₪68.72 | annually | 2022-09-29 |
2021-09-13 | ₪68.72 | annually | 2021-09-29 |
Primotec Dividend per year
Primotec Dividend Yield
Primotec current trailing twelve-month (TTM) dividend yield is 9.47%. Interested in purchasing Primotec stock? Use our calculator to estimate your expected dividend yield:
Primotec Financial Ratios
Primotec Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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