G. WILLI-FOOD INTERNATIONAL ANNOUNCES DIVIDEND DISTRIBUTION OF NIS 22 MILLION (US$7.1 MILLION)

Rhea-AI Summary

G. Willi-Food International (NASDAQ: WILC) declared a cash dividend of approximately NIS 1.58 per ordinary share, aggregating NIS 22 million (about US$7.1 million based on the Bank of Israel rate as of March 23, 2026).

The dividend is payable to shareholders of record as of the close of business on April 13, 2026, with payment scheduled for April 29, 2026. US dollar amounts per share are preliminary and may change based on the exchange rate and the number of ordinary shares outstanding on the record date.

Positive

• Declared aggregate dividend of NIS 22 million
• Declared cash dividend of NIS 1.58 per ordinary share

Negative

• US$ per-share amount is not final and may change due to exchange rate
• Final dividend amount may change based on shares outstanding on record date

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YAVNE, Israel, March 24, 2026 /PRNewswire/ -- G. Willi-Food International Ltd. (NASDAQ: WILC) (TASE: WILF) (the "Company" or "Willi-Food"), a global company that specializes in the development, marketing and international distribution of kosher foods, today announced that the Company's Board of Directors has declared a cash dividend distribution of approximately NIS 1.58 per ordinary share and an aggregate dividend of NIS 22 million (approximately US$0.51 and US$7.1 million respectively, based on the representative rate of exchange as of March 23, 2026).  

The dividend is payable to shareholders of record as of the close of business on April 13, 2026, and will be payable on April 29, 2026. For shareholders who will receive the dividend payment in US dollars, the amount of the dividend per share is not final and is subject to change due to the need to convert the amount from NIS to US dollars in accordance with the Bank of Israel's representative rate of exchange on April 13, 2026. The final dividend amount is also subject to change based on the number of ordinary shares outstanding on the record date.

ABOUT G. WILLI-FOOD INTERNATIONAL LTD.

G. Willi-Food International Ltd. (http://www.willi-food.com) is an Israeli-based company specializing in high-quality, great-tasting kosher food products. Willi-Food is engaged directly and through its subsidiaries in the design, import, marketing, and distribution of over 650 food products worldwide. As one of Israel's leading food importers, Willi-Food markets and sells its food products to over 1,500 customers and 3,000 selling points in Israel and around the world, including large retail and private supermarket chains, wholesalers, and institutional consumers. The Company's operating divisions include Willi-Food in Israel and Euro European Dairies, a wholly owned subsidiary that designs, develops, and distributes branded kosher dairy-food products.

FORWARD LOOKING STATEMENT

This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 relating to future events or our future performance, such as statements regarding trends, demand for our products, expected sales, operating results, and earnings. Forward-looking statements include statements regarding the construction of the Company's new logistics center and its expected benefits. Forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance, or achievements expressed or implied in those forward-looking statements. These risks and other factors include, but are not limited to: delays in the construction of the Company's new logistics center and the risk that its expected benefits will not materialize; inability to sustain improvements and growth in the future; monetary risks including changes in marketable securities or changes in currency exchange rates, especially the NIS/U.S. Dollar exchange rate; payment default by any of our major clients; the loss of one or more of our key personnel; changes in laws and regulations, including those relating to the food distribution industry; and inability to meet and maintain regulatory qualifications and approvals for our products; termination of arrangements with our suppliers; loss of one or more of our principal clients; increase or decrease in global purchase prices of food products; increasing levels of competition in Israel and other markets in which we do business; changes in political, economic, and military conditions in Israel, particularly the recent war in Israel; economic conditions in the Company's core markets; delays and price increases due to the attacks on global shipping routes in the Red Sea; our inability to accurately predict consumption of our products and changes in consumer preferences; our inability to protect our intellectual property rights; our inability to successfully integrate our recent acquisitions; insurance coverage not sufficient to cover losses of product liability claims; risks associated with product liability claims; and risks associated with the start of credit extension activity. We cannot guarantee future results, levels of activity, performance, or achievements. The matters discussed in this press release also involve risks and uncertainties summarized under the heading "Risk Factors" in the Company's Annual Report on Form 20-F for the year ended December 31, 2025, filed with the Securities and Exchange Commission on March 23, 2026. These factors are updated from time to time through the filing of reports and registration statements with the Securities and Exchange Commission. We do not assume any obligation to update the forward-looking information contained in this press release. 

Company Contact:

G. Willi - Food International Ltd.
Yitschak Barabi, Chief Financial Officer
(+972) 8-932-1000
itsik.b@willi-food.co.il

 

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SOURCE G. Willi-Food International Ltd.

FAQ

What dividend did G. Willi-Food (WILC) declare on March 24, 2026?

The company declared a cash dividend of NIS 1.58 per ordinary share, totaling NIS 22 million. According to the company, the aggregate equals approximately US$7.1 million based on the March 23, 2026 exchange rate.

When is the WILC dividend record date and payment date for April 2026?

The record date is the close of business on April 13, 2026, and the payment date is April 29, 2026. According to the company, shareholders of record by April 13 will receive the cash dividend on April 29.

Will the US dollar dividend per share for WILC be final on April 13, 2026?

No, the US dollar per-share amount is provisional and may change based on the Bank of Israel exchange rate on April 13, 2026. According to the company, conversion and outstanding share count can alter the final USD payment.

How much is the total WILC dividend in US dollars based on the March 23, 2026 rate?

Based on the March 23, 2026 representative exchange rate, the aggregate dividend is approximately US$7.1 million. According to the company, this USD figure is an approximation and subject to change at conversion.

Does the WILC dividend depend on the number of shares outstanding?

Yes, the final dividend amount per share may change depending on the number of ordinary shares outstanding on the record date. According to the company, changes in outstanding shares will affect the per-share payout calculation.