ICL sets $0.048/share dividend; pays Dec 17 with tax tiers
Rhea-AI Filing Summary
ICL Group Ltd. announced a cash dividend of $0.04800 per share, totaling about $62 million. The record date is December 2, 2025, and the payment date is December 17, 2025. Holders receiving the dividend in NIS should note the per‑share amount will be converted from U.S. dollars using the Bank of Israel representative exchange rate on December 1, 2025.
The dividend will be paid only to registered shareholders entitled to receive at least $2. Withholding tax rates apply as follows: on about 45% of the dividend, Israeli resident companies are exempt from withholding; Israeli resident individuals are subject to 25%, and foreign residents to 25% or treaty rates, whichever is lower. On another ~45%, Israeli resident individuals are subject to 20%, and foreign residents to 20% or treaty rates, whichever is lower, with Israeli resident companies exempt. On the remaining ~10%, both Israeli residents and foreign residents are subject to 15% or applicable treaty rates.
This report is incorporated by reference into the company’s Form S-8 (No. 333-205518) and its Israeli Shelf Prospectus dated September 19, 2025.
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Insights
ICL declared a modest cash dividend with clear dates and tax tiers.
ICL Group set a cash dividend of $0.04800 per share (about $62 million in aggregate). The key mechanics are a December 2, 2025 record date and a December 17, 2025 payment date, with NIS amounts converted using the Bank of Israel rate on December 1, 2025. A minimum entitlement threshold of $2 per registered shareholder applies.
The notice details three withholding tax tiers: roughly 45% of the distribution at 25% for Israeli individuals and up to 25% (treaty‑reduced if applicable) for foreign holders; another ~45% at 20%; and ~10% at 15%. Israeli resident companies are exempt from withholding on the first two tiers.
Operationally, the payout aligns with established distribution practices. Effects on investors will depend on individual tax status and currency conversion on the noted dates. The payment on December 17, 2025 is the concrete milestone.
FAQ
What dividend did ICL (ICL) declare and what is the total amount?
What are the record and payment dates for ICL’s dividend?
How will currency conversion affect NIS recipients of ICL’s dividend?
Is there a minimum dividend threshold for ICL shareholders?
What withholding tax rates apply to ICL’s dividend?
Where can I find information about potential tax refunds for ICL’s NYSE-traded shares?