ICL Group declares $0.0465 per share dividend
ICL Group Ltd. reports that its board declared a cash dividend of $0.04650 per share, totaling about $60 million.
Sentiment and the balance of points
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Rhea-AI Filing Summary
ICL Group Ltd. reports that its board declared a cash dividend of $0.04650 per share, totaling about $60 million. Some shareholders will receive payment in New Israeli Shekels, based on the Bank of Israel’s representative exchange rate on March 9, 2026, so the final local-currency amount per share may change.
The dividend is payable only to registered shareholders entitled to receive at least $2, with a record date of March 10, 2026 and payment date of March 25, 2026. Israeli withholding tax will apply at different rates to roughly 62% and 38% portions of the dividend, with rates for individuals generally between 20% and 25%, and foreign investors potentially benefiting from applicable tax treaties.
Insights
ICL declares a roughly $60M cash dividend with tiered tax treatment.
ICL Group Ltd. is distributing a cash dividend of $0.04650 per share, or about $60 million. This shows a willingness to return cash to shareholders while maintaining enough flexibility to denominate payments in either U.S. dollars or New Israeli Shekels.
The company details complex withholding tax treatment. About 62% of the dividend is taxed at up to 25% for Israeli individuals and foreign holders, while about 38% is generally taxed at 20% for those groups. Israeli resident companies are not subject to withholding on either portion.
Key operational dates are the Bank of Israel exchange rate on March 9, 2026, the record date on March 10, 2026, and the payment date on March 25, 2026. These dates determine eligibility, local-currency amounts, and when shareholders actually receive the distribution.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What dividend did ICL (ICL) declare in this 6-K filing?
What are the record date and payment date for ICL’s February 2026 dividend?
What Israeli withholding tax rates apply to ICL’s February 2026 dividend?
How is ICL’s February 2026 dividend split for tax purposes?
AI-generated analysis. How Rhea-AI works. Not financial advice.