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Delta Galil ( (IL:DELG) ) has shared an announcement.
Delta Galil has announced a dividend payment totaling $10,009,724.54, with a record date of February 19, 2025, and a payment date of February 26, 2025. The company’s board of directors approved the distribution after confirming compliance with profit and solvency tests as per the Companies Law, 1999, ensuring it would not hinder the company’s ability to meet its financial obligations. This decision reflects Delta Galil’s robust financial health and commitment to returning value to shareholders while staying within its financial covenants and bond indenture limitations.
More about Delta Galil
YTD Price Performance: 3.98%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.49B
For a thorough assessment of DELG stock, go to TipRanks’ Stock Analysis page.