Property & Building Corp. Ltd., together with its subsidiaries, operates as a real estate company in Israel and internationally. It operates through Revenue-Generating Properties in Israel, Revenue-Generating Properties in the United States, Residential Construction in Israel, IDBG, and Gav-Yam segments. The company plans, develops, constructs, markets, rents, maintains, and manages IT parks, business and industrial parks, office buildings, logistics and storage buildings, and parking lots; and holds land reserves to build revenue-generating properties. It is also involved in the initiation, development, construction, and marketing of residential neighborhoods. The company was founded in 1961 and is based in Tel Aviv, Israel. Property & Building Corp. Ltd. operates as a subsidiary of Discount Investment Corporation Ltd.
Property & Building Dividend Announcement
• Property & Building announced a annually dividend of ₪2031.60 per ordinary share which will be made payable on 2024-12-01. Ex dividend date: 2024-11-18
• Property & Building annual dividend for 2024 was ₪2031.60
• Property & Building's trailing twelve-month (TTM) dividend yield is 0.8%
Property & Building Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-18 | ₪2031.60 | annually | 2024-12-01 |
2020-04-12 | ₪1587.82 | annually | 2020-04-30 |
2019-03-31 | ₪1810.12 | annually | 2019-04-14 |
2018-04-17 | ₪1587.82 | annually | 2018-04-30 |
2017-04-12 | ₪2381.73 | annually | |
2016-02-29 | ₪1587.82 | annually | |
2013-06-02 | ₪952.69 | annually | |
2011-08-24 | ₪1492.55 | annually | |
2011-05-24 | ₪2858.08 | annually | |
2011-03-24 | ₪1905.39 | annually | |
2010-08-23 | ₪2028.10 | annually | |
2009-04-07 | ₪3380.17 | annually | |
2008-04-02 | ₪3650.58 | annually | |
2006-08-30 | ₪2667.65 | annually |
Property & Building Dividend per year
Property & Building Dividend growth
Property & Building Dividend Yield
Property & Building current trailing twelve-month (TTM) dividend yield is 0.8%. Interested in purchasing Property & Building stock? Use our calculator to estimate your expected dividend yield:
Property & Building Financial Ratios
Property & Building Dividend FAQ
Other factors to consider when evaluating Property & Building 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: Property & Building'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, Property & Building 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, Property & Building 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 Property & Building 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: Property & Building 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, Property & Building distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Property & Building 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 Property & Building'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 Property & Building'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.