ICL : Cash dividend in the amount of $0.04574 per share, record date- June 6, 2024, payment date- June 20, 2024
May 09, 2024 at 02:01 am EDT
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May 9, 2024
Dividend Distribution Announcement
The Company hereby reports that on May 8, 2024, the Company's Board of Directors resolved to declare a cash dividend in the amount of $0.04574 per share, or about $59 million.
Some shareholders will receive the dividend payment in New Israeli Shekels (NIS) and need to take into account that the amount of the dividend per share is not final and is subject to changes due to the need to convert the amount from US dollars to NIS according to the Bank of Israel's representative exchange rate on June 5, 2024.
The dividend will be paid only to registered shareholders entitled to receive US $2 or more.
The record date is June 6, 2024, and the payment date is June 20, 2024. From the current dividend payment, Israeli tax will be withheld at the following rates: with respect to 100% of the dividend, an Israeli resident company will not be charged for withholding tax; the withholding tax rate for an Israeli-resident individual will be 25%; and the withholding tax rate for foreign residents (individuals and companies) will be 25% or in accordance with the applicable international tax treaties - whichever is lower.
For additional information as to a possible refund procedure for taxes withheld in excess of the withholding tax rates described above, from shareholders holding shares that are traded on NYSE not through an Israeli bank, please visit the Company's webpage, by clicking this link.
Name of the authorized signatory on the report and name of authorized electronic reporter: Aya Landman, Adv.
ICL Group LTD. Millennium Tower, 23 Aranha St. Tel Aviv, Israel
T +972.541234567 W www.icl-group.com
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ICL Group Ltd, formerly known as Israel Chemicals Ltd, is an Israel-based company, which is engaged in the fertilizer and specialty chemical sectors. The Company operates in three segments: Fertilizers, Industrial Products, and Performance Products. The Fertilizers segment is engaged in the production of standard, granular, fine red and white potash from different sources, as well as in the production of phosphates, such as phosphate rock, phosphoric acid, fertilizers and animal feed addictives. The Industrial Products segment produces flame retardants, such as brominates and organ phosphorus, elemental bromine, and other chemicals. The Performance Products segment produces specialty phosphates, such as technical, food grade and electronic grade phosphoric acid, phosphate salts, food additives and wildfire safety products, as well as alumina and other chemicals.