ICL Group (ICL) confirms $62M dividend, per-share amounts and tax rates
Rhea-AI Filing Summary
ICL Group Ltd. announced details of a previously declared cash dividend of about $62 million to shareholders. The dividend equals $0.04800 per share for those receiving payment in US dollars, and ILS 0.1566720 per share for those paid in shekels, based on the Bank of Israel’s representative exchange rate on the announcement date.
The record date for entitlement is December 2, 2025, and the payment date is December 17, 2025. The dividend will be paid only to registered shareholders whose total dividend is at least $2. Israeli withholding tax rates differ across parts of the dividend: about 45% is subject to up to 25%, about 45% to up to 20%, and about 10% to 15%, with possible reductions for foreign investors under tax treaties. The company directs NYSE shareholders not using an Israeli bank to its website for information about potential tax refund procedures.
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Insights
ICL specifies a roughly $62M cash dividend, with detailed tax treatment.
ICL Group Ltd. is confirming the per-share amounts, key dates, and tax structure for a previously announced dividend of about $62 million. Investors will receive $0.04800 per share in dollars or the shekel equivalent of ILS 0.1566720 based on the representative exchange rate published on the announcement date.
The record date is December 2, 2025, and the payment date is December 17, 2025, so only holders of record on that date qualify. There is also a minimum distribution threshold: only shareholders entitled to at least $2 will actually receive a payment, which mainly affects very small positions.
The filing also lays out a three‑tier Israeli withholding tax structure, with about 45% of the dividend subject to up to 25% tax, about 45% to up to 20%, and about 10% to 15%, with treaty-based reductions for foreign holders where applicable. Holders of NYSE-traded shares not using an Israeli bank are directed to a company webpage for information on possible refunds of any excess withholding.
FAQ
What dividend is ICL (ICL) paying and what is the total amount?
What are the record date and payment date for the ICL (ICL) dividend?
Is there a minimum dividend payment threshold for ICL (ICL) shareholders?
How does ICL (ICL) calculate the dividend per share in Israeli shekels?
What Israeli withholding tax rates apply to the ICL (ICL) dividend?
Where can NYSE investors in ICL (ICL) find information on dividend tax refunds?