ICL Group (ICL) details $69M cash dividend and tax withholding terms
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
ICL Group Ltd. confirmed details of a previously announced dividend distribution of about $69 million from earnings. The dividend amount is $0.05350 per share for shareholders receiving payment in U.S. dollars and ILS 0.1504955 per share for those paid in shekels, based on the Bank of Israel’s representative exchange rate on the report date.
The dividend will be paid only to registered shareholders entitled to receive at least US$2. The record date is June 2, 2026, and the payment date is June 17, 2026. Israeli withholding tax will apply as follows: Israeli resident companies are exempt, Israeli resident individuals face a 25% withholding rate, and foreign residents face 25% or the lower applicable treaty rate. ICL also references information on potential tax refunds for certain NYSE-traded shareholders via its website.
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Key Figures
Total dividend: about $69 million
Dividend per share (USD): $0.05350 per share
Dividend per share (ILS): ILS 0.1504955 per share
+5 more
8 metrics
Total dividend
about $69 million
Dividend distribution from company earnings
Dividend per share (USD)
$0.05350 per share
Amount for shareholders paid in U.S. dollars
Dividend per share (ILS)
ILS 0.1504955 per share
Amount for shareholders paid in shekels
Minimum payment threshold
US$2
Only shareholders entitled to at least this amount are paid
Record date
June 2, 2026
Shareholders on this date qualify for the dividend
Payment date
June 17, 2026
Scheduled date for dividend payment
Withholding rate, Israeli individuals
25%
Tax withheld on 100% of dividend for Israeli resident individuals
Withholding rate, foreign residents
25% or treaty rate
Lower of 25% or applicable tax treaty rate
Key Terms
dividend distribution, record date, withholding tax, foreign residents, +1 more
5 terms
dividend distribution financial
"regarding a dividend distribution out of the Company’s earnings in the amount of about $69 million"
A dividend distribution is when a company gives a portion of its profits or reserves to shareholders, usually in cash or additional shares. Investors care because it provides a direct return on ownership and signals how confident management is in the company’s cash flow and long-term health; like a bakery sharing weekly tips with owners, regular or growing distributions often indicate steady earnings, while cuts can warn of trouble.
record date financial
"The record date is June 2, 2026, and the payment date is June 17, 2026."
The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.
withholding tax financial
"From the current dividend payment, Israeli tax will be withheld at the following rates"
Withholding tax is a government-required portion of a payment—such as dividends, interest, or salary—that the payer keeps back and sends directly to tax authorities before the recipient receives the money. For investors it reduces the cash they actually get and changes the after-tax return on an investment; rates and refund or credit rules vary by country and can materially affect comparisons between similar investments, like a cashier holding part of a bill to cover taxes.
foreign residents financial
"the withholding tax rate for foreign residents (individuals and companies) will be 25% or in accordance with the applicable international tax treaties"
Israeli Shelf Prospectus regulatory
"deemed to be incorporated by reference into the Israeli Shelf Prospectus of ICL Group Ltd."
FAQ
What dividend is ICL Group Ltd. (ICL) paying and from what source?
ICL Group Ltd. is distributing a dividend of about $69 million from the company’s earnings. The dividend reflects a cash return to shareholders based on current profits, rather than a capital reduction or special transaction.
What are the record date and payment date for ICL Group Ltd.’s (ICL) dividend?
The record date for ICL’s dividend is June 2, 2026, and the payment date is June 17, 2026. Only registered shareholders on the record date and entitled to at least US$2 will receive the dividend.
What withholding tax rates apply to ICL Group Ltd. (ICL) dividend payments?
For this dividend, Israeli resident companies face 0% withholding tax, Israeli resident individuals face 25%, and foreign residents face 25% or the lower rate under applicable tax treaties. These rates apply to 100% of the dividend amount.
Is there a minimum threshold for receiving ICL Group Ltd. (ICL) dividend payments?
Yes. The dividend will be paid only to registered shareholders entitled to receive at least US$2. Shareholders with calculated entitlements below this threshold will not receive a dividend payment for this distribution.