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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 dateDividend amountDividend typePay date
2024-09-03₪4.73quarterly2024-09-19
2024-06-05₪4.73quarterly2024-06-20
2024-04-08₪6.79quarterly
2005-03-28₪47.92quarterly

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

P/E ratio1282.79
PEG ratio15.13
P/B ratio138.25
ROE16.82%
Payout ratio87.01%
Current ratio2.38
Quick ratio1.47
Cash Ratio0.26

Tgi Infrastructures Dividend FAQ

Does Tgi Infrastructures stock pay dividends?
Tgi Infrastructures does not currently pay dividends to its shareholders.
Has Tgi Infrastructures ever paid a dividend?
No, Tgi Infrastructures has no a history of paying dividends to its shareholders. Tgi Infrastructures is not known for its dividend payments.
Why doesn't Tgi Infrastructures pay dividends?
There are several potential reasons why Tgi Infrastructures would choose not to pay dividends to their shareholders:

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.
Will Tgi Infrastructures ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Tgi Infrastructures has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Tgi Infrastructures a dividend aristocrat?
Tgi Infrastructures is not considered a Dividend Aristocrat. 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 Tgi Infrastructures a dividend king?
Tgi Infrastructures is not classified as a "Dividend King". 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 Tgi Infrastructures a dividend stock?
No, Tgi Infrastructures is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Tgi Infrastructures stocks?
To buy Tgi Infrastructures 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Tgi Infrastructures 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.