Summit Real Estate Holdings Ltd is a real estate investment firm specializing in the purchase and operation of office buildings and commercial assets, which are leased to numerous commercial and industrial tenants. Summit Real Estate Holdings Ltd was founded in 1965 and is headquartered in Haifa, Israel.
Summit Real Estate Dividend Announcement
• Summit Real Estate announced a semi annually dividend of ₪33.81 per ordinary share which will be made payable on 2024-09-16. Ex dividend date: 2024-09-08 • Summit Real Estate annual dividend for 2024 was ₪47.34 • Summit Real Estate annual dividend for 2023 was ₪6.77 • Summit Real Estate's trailing twelve-month (TTM) dividend yield is 0.94% • Summit Real Estate's payout ratio for the trailing twelve months (TTM) is 638.78%
Summit Real Estate current trailing twelve-month (TTM) dividend yield is 0.94%. Interested in purchasing Summit Real Estate stock? Use our calculator to estimate your expected dividend yield:
Summit Real Estate Financial Ratios
P/E ratio677.86
PEG ratio11704.40
P/B ratio0.83
ROE0.13%
Payout ratio638.78%
Current ratio0.70
Quick ratio0.65
Cash Ratio0.51
Summit Real Estate Dividend FAQ
How much is the next Summit Real Estate dividend?
Summit Real Estate's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Summit Real Estate dividend. The next Summit Real Estate dividend will be released in December.
When is Summit Real Estate dividend paid?
Summit Real Estate pays dividends on a semi annually 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 Summit Real Estate pay?
The specific amount of Summit Real Estate 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 Summit Real Estate's dividend history.
Does Summit Real Estate stock pay dividends?
Yes, Summit Real Estate 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 Summit Real Estate's dividend history.
How much dividend does Summit Real Estate pay?
Summit Real Estate paid ₪47.339 in 2024, ₪6.767 in 2023, ₪50.755 in 2022, ₪0.0 in 2021, and ₪0.0 in 2020.
How often does Summit Real Estate pay dividends?
Summit Real Estate 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 December.
What is Summit Real Estate's dividend yield?
The current dividend yield for Summit Real Estate is 0.94%. 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 Summit Real Estate's exact dividend yield.
When does Summit Real Estate go ex dividend?
Summit Real Estate's ex-dividend date for the latest dividend was on 2024-09-08. Summit Real Estate 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 Summit Real Estate dividend paid?
Summit Real Estate pays dividends on a semi annually basis, typically around December, but the exact dates can vary each year.
Will Summit Real Estate 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 Summit Real Estate 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 Summit Real Estate dividend per share?
Summit Real Estate paid ₪47.339 per share in 2024 and ₪6.767 per share in 2023. The amount of dividend per share that Summit Real Estate 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 Summit Real Estate 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 Summit Real Estate 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 Summit Real Estate a dividend stock?
Yes, Summit Real Estate is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Summit Real Estate a good dividend stock?
Whether Summit Real Estate is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Summit Real Estate has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Summit Real Estate 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 Summit Real Estate pay dividends monthly?
Summit Real Estate typically pays dividends on a semi annually basis.
Does Summit Real Estate pay dividends quarterly?
Summit Real Estate currently pays dividends on a semi annually basis.
Has Summit Real Estate ever paid a dividend?
Yes, Summit Real Estate has a history of paying dividends to its shareholders. Summit Real Estate is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Summit Real Estate dividend stocks?
To buy Summit Real Estate 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 Summit Real Estate 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 Summit Real Estate pay dividends 2024?
Summit Real Estate pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-16. 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 Summit Real Estate increase its dividend in 2024?
Decisions regarding Summit Real Estate 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 Summit Real Estate dividend overview you can look into the above table of dividend history.
How Summit Real Estate dividend works?
The Summit Real Estate 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 Summit Real Estate's dividend process works:
1. Determination of Dividend: Summit Real Estate'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, Summit Real Estate 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, Summit Real Estate 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 Summit Real Estate 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 Summit Real Estate dividends paid?
Summit Real Estate dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Summit Real Estate 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, Summit Real Estate distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Summit Real Estate 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 Summit Real Estate pay dividends?
Summit Real Estate 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 Summit Real Estate pay dividends?
The general pattern is that Summit Real Estate 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 Summit Real Estate dividend safe?
The safety of Summit Real Estate'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 Summit Real Estate'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 Summit Real Estate'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.