Tamar Petroleum Ltd engages in the exploration and production of natural gas in Israel. It has 16.75% interest rights in the Tamar and Dalit reservoirs located in west of Haifa. The company supplies natural gas to the State of Israel, private electricity producers, industrial customers, and natural gas marketing firms, as well as exports to Jordan, Egypt, Italy, Cyprus, and Greece. In addition, it sells condensate produced from the Tamar project to Paz Ashdod Oil Refineries. The company was formerly known as Karish and Tanin Management Ltd. and changed its name to Tamar Petroleum Ltd in May 2017. Tamar Petroleum Ltd was incorporated in 2015 and is headquartered in Herzliya Pituach, Israel.
Tamar Petroleum Dividend Announcement
• Tamar Petroleum announced a semi annually dividend of ₪51.05 per ordinary share which will be made payable on 2024-09-16. Ex dividend date: 2024-09-02
• Tamar Petroleum annual dividend for 2024 was ₪100.92
• Tamar Petroleum annual dividend for 2023 was ₪83.46
• Tamar Petroleum's trailing twelve-month (TTM) dividend yield is 4.32%
• Tamar Petroleum's payout ratio for the trailing twelve months (TTM) is 40.45%
Tamar Petroleum Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-02 | ₪51.05 | semi annually | 2024-09-16 |
2024-04-04 | ₪49.88 | semi annually | |
2023-09-03 | ₪42.76 | semi annually | 2023-09-14 |
2023-04-04 | ₪40.70 | semi annually | 2023-04-20 |
2022-10-26 | ₪23.80 | semi annually | 2022-11-07 |
2022-04-25 | ₪45.04 | semi annually | 2022-05-12 |
2021-04-28 | ₪25.68 | semi annually | 2021-05-13 |
2019-10-24 | ₪39.87 | semi annually | 2019-11-07 |
2019-04-16 | ₪121.43 | semi annually | 2019-05-02 |
2018-09-26 | ₪160.17 | semi annually | 2018-10-10 |
2018-03-28 | ₪126.66 | semi annually | 2018-04-11 |
Tamar Petroleum Dividend per year
Tamar Petroleum Dividend growth
Tamar Petroleum Dividend Yield
Tamar Petroleum current trailing twelve-month (TTM) dividend yield is 4.32%. Interested in purchasing Tamar Petroleum stock? Use our calculator to estimate your expected dividend yield:
Tamar Petroleum Financial Ratios
Tamar Petroleum Dividend FAQ
Other factors to consider when evaluating Tamar Petroleum 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: Tamar Petroleum'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, Tamar Petroleum 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, Tamar Petroleum 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 Tamar Petroleum 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: Tamar Petroleum 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, Tamar Petroleum distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tamar Petroleum 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 Tamar Petroleum'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 Tamar Petroleum'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.