ICL Group Ltd Dividend yield

ICL Group Ltd is part of Chemicals business, which is part of Basic Materials industry. ICL Group Ltd is a company from Israel, and his stocks are publicly traded.

ICL Group Ltd stock dividend

ICL Group Ltd paid a total dividend of 2,733 million ILS last year, for a market value of 29,389 millions (Market Cap 1,644,709 millions). ICL Group Ltd dividend per share is 2.12 ILS, and his stock market price 22.80 ILS.

According to the chart below, where dividend yield is displayed, ICL Group Ltd has a dividend yield of 9.30%, which is higher than the amount offered by both the market average and companies from Israel. It is also bigger than average of Basic Materials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare ICL Group Ltd stocks dividend with other Chemicals companies or other of the best Israel dividend stocks list.

ICL Group Ltd Dividend Payout

About the ability of ICL Group Ltd to maintain his current dividend of ILS 2.12 per share, an amount that accounts for 9.30%, we should study its payout ratio both on earnings and on cash-flows (see chart below). ICL Group Ltd payout on ernings is currently 37.19%, which is lower than the market average and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures lead us to believe that there is confidence that ICL Group Ltdcan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of ICL Group Ltd is ILS 5.30 per share, which is higher than the dividend per share paid by the company of ILS 2.12, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of ICL Group Ltd, compared againt world market average, Israel companies, Basic Materials industry and Chemicals sector companies.

Israel Chemicals Dividend History

Below you will find a table with the historical evolution of Israel Chemicals's dividend stock, both in percentage and in ILS, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	ILS	Paypout	Shares*
Present	9.30%	2.12	37.19%	1,289
2022	12.55%	3.19	155.61%	1,287
2021	2.23%	0.67	0.00%	1,284
2020	1.81%	0.30	21.43%	1,281
2019	4.53%	0.74	20.50%	1,280
2018	3.31%	0.70	62.50%	1,278
2017	3.50%	0.49	-188.46%	1,276
2016	5.04%	0.74	44.31%	1,266
2015	6.08%	1.18	89.39%	1,266

*In millions

Then you can see the evolution of ICL Group Ltd dividend stock, and compare it with the average of Israel stocks and that of the Chemicals stocks.

ICL Group Ltd Stock performance

Finally, last moth ICL Group Ltd showed a return of -6.60% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a -28.80% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Israel and Chemicals firms.