Company Lookup
عربي
Download Demo
 

Market News

This Month News

This Month News

send to a friend by email

5.9% average dividends yield in 2013

2014-07-23

Ahmad Aweidah, CEO of the Palestine Exchange (PEX), announced that the amount of cash dividends distributed by listed companies on the PEX was USD 148,464,041 for the year 2013, a growth of 17% compared to 2012.  Whereby, Palestine Telecommunications (PALTEL) was ranked first with cash dividend of USD 92,955,508 followed by Palestine Development & Investment Company (PADICO) which distributed USD 15,000,000. Bank of Palestine (BOP) was third with a dividend of USD 12,500,000 and fourth was Palestine Industrial Investment Company (PIIC) which distributed USD 3,177,966 million.  Ahmad Aweidah said: "Dividends yield in 2013 was 5.94%. This corresponds to the outstanding performance of many PEX listed companies; (22) out of (49) companies with 2.5 billion market cap. distributed cash dividends for 2013. Even though 2013 was full of challenges in Palestine on all levels, listed companies proved their resilience and achieved exceptional profits." Aweidah hoped that this performance will have a positive impact on trading volumes and market liquidity. The Palestine Exchange is one of the most rewarding exchanges in the region with the highest dividend yield; it averaged around 6.34% for the past 5 years.

 

 


 

2021-04-12
NAPCO proposes distributing 9.38% stocks dividends for the year 2020

2021-04-12
TIC approves distributing 15% cash dividends for the year 2020

2021-04-08
QUDS approves distributing 3.50% stocks dividends and 4.50% cash dividends for the year 2020

2021-04-08
TRUST approves distributing 10% cash dividends for the year 2020

2021-04-08
Relative Calmness in the PEX and a momentum in holding the general assembly meetings

2021-04-08
NCI proposes distributing 10% cash dividends for the year 2020

2021-04-08
PEC approves distributing 10% cash dividends for the year 2020

2021-04-04
NIC approves distributing 15% stocks dividends and 22.5% cash dividends for the year 2020

2021-04-01
APIC proposes distributing 9.1476% stocks dividends and 7.50% cash dividends for the year 2020

2021-04-01
Al-Quds Index declines significantly following the dividends’ entitlement of the PEX’s two largest companies

2021-04-01
BOP approves distributing 1% stocks dividends and 4% cash dividends for the year 2020

 

 

 
Sahem Trading & Investments Company - PEX Member and licensed by PCMA
© All Rights Reserved 2013