How much dividend does Elco pay?
Over the past 12 months, Elco paid a dividend of 2.58 ILS . This corresponds to a dividend yield of about 0.02 %. For the coming 12 months, Elco is expected to pay a dividend of 2.58 ILS.
Elco Dividend 2024
Elco Dividend
2.58 ILS
Elco Dividend yield
0.02 %
Ticker
ELCO.TA
ISIN
IL0006940345
How much dividend does Elco 2024 pay?
According to the latest status from November 2024, Elco paid a total of 2.58 ILS per share in dividends within the last 12 months. With the current Elco price of 11,500 ILS, this corresponds to a dividend yield of 0.02 %. A dividend is paid times per year.
| 0.02 % Dividend Yield | = |
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Historical Elco Dividends
A dividend is paid times per year. Last year, the payout months were May and October.
| Paydate | Dividend |
|---|---|
| 10/4/2024 | 0.74 |
| 5/4/2024 | 1.11 |
| 10/11/2023 | 0.74 |
| 5/4/2023 | 1.84 |
| 10/1/2022 | 0.74 |
| 4/30/2022 | 1.83 |
| 10/12/2021 | 0.73 |
| 5/4/2021 | 1.46 |
| 10/3/2020 | 0.73 |
| 5/12/2020 | 1.35 |
| 5/4/2019 | 1.2 |
| 5/8/2018 | 1.09 |
| 10/12/2017 | 0.91 |
| 1/5/2017 | 0.74 |
| 12/26/2015 | 0.37 |
| 4/29/2015 | 0.36 |
| 2/20/2014 | 0.91 |
| 10/19/2010 | 0.94 |
| 7/8/2009 | 0.38 |
| 10/9/2008 | 0.75 |
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Elco dividend history and estimates IL0006940345 ·
In 2023, Elco paid a dividend amounting to 2.58 ILS. Dividend means that Elco distributes a portion of its profits to its owners.
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Dividend
ⓘDividend Overview
The dividend per year chart for Elco provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.
Interpretation and Use
A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Elco’s potential for long-term investment and income generation through dividends.
Investment Strategy
Incorporate the dividend data in evaluating Elco's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.
Elco Dividend History
| Date | Elco Dividend |
|---|---|
| 2023 | 2.58 ILS |
| 2022 | 2.56 ILS |
| 2021 | 2.19 ILS |
| 2020 | 2.08 ILS |
| 2019 | 1.2 ILS |
| 2018 | 1.09 ILS |
| 2017 | 0.91 ILS |
| 2016 | 0.74 ILS |
| 2015 | 0.73 ILS |
| 2014 | 0.91 ILS |
| 2010 | 0.94 ILS |
| 2009 | 0.38 ILS |
| 2008 | 0.75 ILS |
| 2007 | 1.15 ILS |
| 2006 | 0.8 ILS |
| Dividend | Dividend (Estimate) | |
|---|---|---|
| 2004 | 0 ILS | 0 ILS |
| 2005 | 0 ILS | 0 ILS |
| 2006 | 0.8 ILS | 0 ILS |
| 2007 | 1.15 ILS | 0 ILS |
| 2008 | 0.75 ILS | 0 ILS |
| 2009 | 0.38 ILS | 0 ILS |
| 2010 | 0.94 ILS | 0 ILS |
| 2011 | 0 ILS | 0 ILS |
| 2012 | 0 ILS | 0 ILS |
| 2013 | 0 ILS | 0 ILS |
| 2014 | 0.91 ILS | 0 ILS |
| 2015 | 0.73 ILS | 0 ILS |
| 2016 | 0.74 ILS | 0 ILS |
| 2017 | 0.91 ILS | 0 ILS |
| 2018 | 1.09 ILS | 0 ILS |
| 2019 | 1.2 ILS | 0 ILS |
| 2020 | 2.08 ILS | 0 ILS |
| 2021 | 2.19 ILS | 0 ILS |
| 2022 | 2.56 ILS | 0 ILS |
| 2023 | 2.58 ILS | 0 ILS |
Is the Elco Dividend Safe?
Elco has been increasing the dividend for 8 years.
Over the past 10 years, Elco has increased it by an annual 0 %.
Over a five-year period, the distribution increased by 18.906%.
Analysts expect a Dividend Cut of -100% for the current fiscal year.
Elco dividend payout ratio IL0006940345 ·
In 2023, Elco had a payout ratio of 16.63%. The payout ratio indicates the percentage of the company's profits that Elco distributes as dividends.
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Payout ratio
ⓘWhat is Yearly Payout Ratio?
The yearly payout ratio for Elco represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.
How to Interpret the Data
A lower payout ratio for Elco could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.
Using the Data for Investments
Evaluate Elco's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.
Elco Payout Ratio History
| Date | Elco Payout ratio |
|---|---|
| 2023 | 16.63 % |
| 2022 | 17.77 % |
| 2021 | 11.17 % |
| 2020 | 20.96 % |
| 2019 | 12.91 % |
| 2018 | 47.6 % |
| 2017 | 23.33 % |
| 2016 | 5.29 % |
| 2015 | 50.21 % |
| 2014 | -28.4 % |
| 2013 | 16.63 % |
| 2012 | 16.63 % |
| 2011 | 16.63 % |
| 2010 | -54.34 % |
| 2009 | -4.66 % |
| 2008 | 107.14 % |
| 2007 | 33.43 % |
| 2006 | 32.79 % |
| 2005 | 16.63 % |
| 2004 | 16.63 % |
| Payout ratio | |
|---|---|
| 2004 | 16.63 % |
| 2005 | 16.63 % |
| 2006 | 32.79 % |
| 2007 | 33.43 % |
| 2008 | 107.14 % |
| 2009 | -4.66 % |
| 2010 | -54.34 % |
| 2011 | 16.63 % |
| 2012 | 16.63 % |
| 2013 | 16.63 % |
| 2014 | -28.4 % |
| 2015 | 50.21 % |
| 2016 | 5.29 % |
| 2017 | 23.33 % |
| 2018 | 47.6 % |
| 2019 | 12.91 % |
| 2020 | 20.96 % |
| 2021 | 11.17 % |
| 2022 | 17.77 % |
| 2023 | 16.63 % |
Dividend Details
Understanding Elco's Dividend Distributions
Elco’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.
Year-to-Year Comparison
Examining Elco's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.
Impact on Investments
Elco's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.
Interpreting Dividend Fluctuations
Changes in Elco’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.
Elco Aktienanalyse
What does Elco do?
Elco Ltd is a British company that has been manufacturing electric motors and drive systems for various industries for almost a century. The company was founded in 1948 by Mr. C. L. Smith in a garage in Southall, a town in the west of London. Smith was an engineer and had a vision of the advantages of an electric motor over combustion engines. He recognized the growing demand for electric drives and began designing and manufacturing motors for various applications. The company grew rapidly and relocated to a larger factory in Hayes, also in the west of London. Elco's business model is based on the manufacture of electric motors and drive systems for various applications. Since its inception, the company has been known as a reliable partner for the marine and industrial sectors. Elco develops and produces a wide range of drive systems for boats, yachts, and ships. In addition, the company also manufactures motors for machine tools, fans, pumps, and other applications. Elco's advancements in display and control technology enable them to harness the benefits of electric motors in various industries. The company is divided into several divisions to meet the requirements of its customers from different industries. The marine division deals with the manufacture of drive systems for ships and boats. Elco offers a wide range of MARINER systems, including outboard motors, electric pod drives, and electric propellers. Elco's industrial division focuses on the requirements of companies from various industries and manufactures drive systems for fans, pumps, and machine tools. In addition, the company also offers solutions that facilitate the integration of electric motors into existing systems. Furthermore, the company has an accessories division where customers can purchase fixtures, controllers, and other technical devices. Elco also produces products that are specifically tailored to the needs of customers. For example, the company has developed a line of electric motors and drive systems for use in supermarkets and other facilities. These specially designed solutions help reduce energy consumption and save operating costs. Additionally, Elco has a line of electric motors available that are based on Welbore motors, which are specifically designed for applications that frequently have high power requirements. The main products of Elco are electric motors and drive systems. Elco motors have a wide range of applications in various industries, including industrial ventilation systems, water applications, packaging machinery, and many others. Elco drive systems are available in different power variants and can be used in both maritime and industrial applications. Elco takes pride in manufacturing high-quality products that adhere to the highest standards of efficiency, performance, and reliability. Overall, Elco is a company specializing in the manufacture of electric motors and drive systems and has been in operation for almost a century. The company offers a wide range of products and services that satisfy its customers from various industries. With its state-of-the-art drive systems and extensive experience, Elco is a trusted partner for its customer base and has established a reputation as a reliable and innovative supplier. Elco is one of the most popular companies on Eulerpool.com.Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
Frequently Asked Questions about Elco stock
What is the dividend yield of Elco?
The current dividend yield of Elco is 0.02 %.
When does Elco pay dividends?
Elco pays a quarterly dividend. This is distributed in the months of May, October, May, October.
How secure is the dividend of Elco?
Elco paid dividends every year for the past 10 years.
What is the dividend of Elco?
For the upcoming 12 months, dividends amounting to 2.58 ILS are expected. This corresponds to a dividend yield of 0.02 %.
In which sector is Elco located?
Elco is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Elco kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Elco from 9/19/2024 amounting to 0.743 ILS, you needed to have the stock in your portfolio before the ex-date on 9/4/2024.
When did Elco pay the last dividend?
The last dividend was paid out on 9/19/2024.
What was the dividend of Elco in the year 2023?
In the year 2023, Elco distributed 2.564 ILS as dividends.
In which currency does Elco pay out the dividend?
The dividends of Elco are distributed in ILS.
Andere Kennzahlen von Elco
Our stock analysis for Elco Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Elco Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.