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Veridis Environment Ltd provides environmental services in the areas of waste management, water, and energy in Israel. The company offers waste collection and transportation, separation, sorting, recycling, and disposal; and produces recycled raw materials and renewable energies using waste. It also operates a desalination plant that supplies renewable water for consumers, as well as for the industrial and agriculture sectors. In addition, the company develops and operates power stations and energy facilities based on renewable energies, such as biomass, cogeneration, biogas, etc. Further, it designs and operates energy centers and other energy efficiency projects; and provides installation and maintenance services for heating, ventilation, and air-conditioning systems. The company was founded in 1993 and is based in Herzliya, Israel. Veridis Environment Ltd is a subsidiary of Delek Automotive Systems Ltd.

Veridis Environment Dividend Announcement

• Veridis Environment announced a annually dividend of ₪30.19 per ordinary share which will be made payable on 2022-05-10. Ex dividend date: 2022-04-26
• Veridis Environment's trailing twelve-month (TTM) dividend yield is -%

Veridis Environment Dividend History

Ex-Div dateDividend amountDividend typePay date
2022-04-26₪30.19annually2022-05-10

Veridis Environment Dividend per year

Veridis Environment Dividend Yield

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

Veridis Environment Financial Ratios

P/E ratio-32.15
PEG ratio-49.92
P/B ratio1.91
ROE-5.84%
Payout ratio0.00%
Current ratio0.98
Quick ratio0.74
Cash Ratio0.09

Veridis Environment Dividend FAQ

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