ICL Group Ltd. (ICL) To Go Ex-Dividend on December 2nd

ICL Group Ltd. (NYSE:ICL) announced a quarterly dividend on Friday, January 1st. Shareholders of record on Tuesday, December 2nd will be paid a dividend of 0.048 per share by the basic materials company on Wednesday, December 17th. This represents a c) annualized dividend and a yield of 3.4%. The ex-dividend date is Tuesday, December 2nd.

ICL Group has increased its dividend by an average of 0.2%per year over the last three years. ICL Group has a payout ratio of 29.8% meaning its dividend is sufficiently covered by earnings. Equities analysts expect ICL Group to earn $0.42 per share next year, which means the company should continue to be able to cover its $0.14 annual dividend with an expected future payout ratio of 33.3%.

ICL Group Stock Performance

Shares of ICL opened at $5.59 on Friday. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.75 and a quick ratio of 1.05. The firm’s 50 day moving average is $6.09 and its 200-day moving average is $6.38. ICL Group has a 12-month low of $4.52 and a 12-month high of $7.35. The stock has a market capitalization of $7.34 billion, a P/E ratio of 19.28 and a beta of 1.12.

ICL Group (NYSE:ICL) last issued its earnings results on Wednesday, November 12th. The basic materials company reported $0.10 earnings per share for the quarter, topping analysts’ consensus estimates of $0.09 by $0.01. The firm had revenue of $1.85 billion during the quarter, compared to analysts’ expectations of $1.95 billion. ICL Group had a net margin of 5.28% and a return on equity of 7.51%. Equities research analysts anticipate that ICL Group will post 0.37 EPS for the current fiscal year.

ICL Group Company Profile

ICL Group Ltd, together with its subsidiaries, operates as a specialty minerals and chemicals company worldwide. It operates in four segments: Industrial Products, Potash, Phosphate Solutions, and Growing Solutions. The Industrial Products segment produces bromine out of a solution that is a by-product of the potash production process, as well as bromine-based compounds; produces various grades of potash, salt, magnesium chloride, and magnesia products; and produces and markets phosphorous-based flame retardants and other phosphorus-based products.