Tgi Infrastructures Ltd, together with its subsidiary, produces, processes, and markets mechanical assemblies made of aluminum and magnesium for the automotive industry in Israel. It offers engine parts, such as oil basins, valve caps, sealing caps, transfer assembly parts, gear, steering rod parts, and other products. The company was formerly known as Tadir-Gan (Precision Products) 1993 Ltd. and changed its name to Tgi Infrastructures Ltd in March 2022. Tgi Infrastructures Ltd was founded in 1993 and is based in Afula, Israel.
Tgi Infrastructures Dividend Announcement
• Tgi Infrastructures announced a quarterly dividend of ₪4.73 per ordinary share which will be made payable on 2024-09-19. Ex dividend date: 2024-09-03
• Tgi Infrastructures annual dividend for 2024 was ₪16.24
• Tgi Infrastructures's trailing twelve-month (TTM) dividend yield is 12.36%
• Tgi Infrastructures's payout ratio for the trailing twelve months (TTM) is 87.01%
Tgi Infrastructures Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-03 | ₪4.73 | quarterly | 2024-09-19 |
2024-06-05 | ₪4.73 | quarterly | 2024-06-20 |
2024-04-08 | ₪6.79 | quarterly | |
2005-03-28 | ₪47.92 | quarterly |
Tgi Infrastructures Dividend per year
Tgi Infrastructures Dividend Yield
Tgi Infrastructures current trailing twelve-month (TTM) dividend yield is 12.36%. Interested in purchasing Tgi Infrastructures stock? Use our calculator to estimate your expected dividend yield:
Tgi Infrastructures Financial Ratios
Tgi Infrastructures 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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