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Tomer Energy Royalties (2012) Ltd, a special-purpose yield company, holds the right to receive overriding royalties in respect of oil and/or gas, and/or other valuable materials derived from the shares of various oil and gas companies and entities in Israel. It also holds rights to receive royalties from the Tamar Reservoir project. The company was formerly known as Delek Royalties (2012) Ltd and changed its name to Tomer Energy Royalties (2012) Ltd in June 2021. Tomer Energy Royalties (2012) Ltd was incorporated in 2012 and is based in Herzliya, Israel.

Tomer Energy Royalties Dividend Announcement

Tomer Energy Royalties announced a semi annually dividend of ₪46.89 per ordinary share which will be made payable on 2024-11-07. Ex dividend date: 2024-10-29
Tomer Energy Royalties annual dividend for 2024 was ₪141.28
Tomer Energy Royalties's trailing twelve-month (TTM) dividend yield is 8.84%
Tomer Energy Royalties's payout ratio for the trailing twelve months (TTM) is 129.53%

Tomer Energy Royalties Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-29₪46.89semi annually2024-11-07
2024-04-18₪94.39semi annually
2019-04-01₪64.27semi annually2019-04-11

Tomer Energy Royalties Dividend per year

Tomer Energy Royalties Dividend Yield

Tomer Energy Royalties current trailing twelve-month (TTM) dividend yield is 8.84%. Interested in purchasing Tomer Energy Royalties stock? Use our calculator to estimate your expected dividend yield:

Tomer Energy Royalties Financial Ratios

P/E ratio17.53
PEG ratio3062.13
P/B ratio0.71
ROE3.95%
Payout ratio129.53%
Current ratio1.16
Quick ratio1.16
Cash Ratio0.62

Tomer Energy Royalties Dividend FAQ

Does Tomer Energy Royalties stock pay dividends?
Tomer Energy Royalties does not currently pay dividends to its shareholders.
Has Tomer Energy Royalties ever paid a dividend?
No, Tomer Energy Royalties has no a history of paying dividends to its shareholders. Tomer Energy Royalties is not known for its dividend payments.
Why doesn't Tomer Energy Royalties pay dividends?
There are several potential reasons why Tomer Energy Royalties 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 Tomer Energy Royalties 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 Tomer Energy Royalties 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 Tomer Energy Royalties a dividend aristocrat?
Tomer Energy Royalties 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 Tomer Energy Royalties a dividend king?
Tomer Energy Royalties 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 Tomer Energy Royalties a dividend stock?
No, Tomer Energy Royalties 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 Tomer Energy Royalties stocks?
To buy Tomer Energy Royalties 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 Tomer Energy Royalties 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.