Israel Chemicals Shs (NYSE:ICL) declared a quarterly dividend on Friday, November 10th, Wall Street Journal reports. Stockholders of record on Tuesday, December 5th will be paid a dividend of 0.044 per share by the basic materials company on Wednesday, December 20th. This represents a $0.18 annualized dividend and a dividend yield of 4.30%. The ex-dividend date of this dividend is Tuesday, December 5th. This is a positive change from Israel Chemicals Shs’s previous quarterly dividend of $0.02.

Israel Chemicals Shs has a payout ratio of 35.7% indicating that its dividend is sufficiently covered by earnings. Analysts expect Israel Chemicals Shs to earn $0.34 per share next year, which means the company should continue to be able to cover its $0.10 annual dividend with an expected future payout ratio of 29.4%.

Shares of Israel Chemicals Shs (NYSE:ICL) traded down $0.02 during trading hours on Friday, reaching $4.09. 117,591 shares of the company traded hands, compared to its average volume of 215,417. Israel Chemicals Shs has a 12-month low of $3.70 and a 12-month high of $4.95. The firm has a market cap of $5,394.17, a price-to-earnings ratio of 15.11 and a beta of 1.18. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.24 and a quick ratio of 0.65.

Israel Chemicals Shs (NYSE:ICL) last released its quarterly earnings data on Wednesday, November 8th. The basic materials company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.01. The company had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.41 billion. Israel Chemicals Shs had a net margin of 4.47% and a return on equity of 13.41%. Israel Chemicals Shs’s revenue for the quarter was up 4.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.09 earnings per share. research analysts anticipate that Israel Chemicals Shs will post 0.28 EPS for the current fiscal year.

TRADEMARK VIOLATION NOTICE: “Israel Chemicals Shs (ICL) Announces Quarterly Dividend of $0.04” was originally reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this news story on another site, it was copied illegally and republished in violation of international trademark & copyright laws. The legal version of this news story can be read at

A number of research analysts recently issued reports on the company. BMO Capital Markets restated a “hold” rating on shares of Israel Chemicals Shs in a research note on Friday, October 6th. ValuEngine upgraded Israel Chemicals Shs from a “hold” rating to a “buy” rating in a research note on Wednesday, September 6th. Zacks Investment Research raised Israel Chemicals Shs from a “sell” rating to a “hold” rating in a report on Monday, July 17th. Jefferies Group LLC restated a “hold” rating and set a $5.25 target price (up from $4.75) on shares of Israel Chemicals Shs in a research report on Friday, July 14th. Finally, BidaskClub cut shares of Israel Chemicals Shs from a “buy” rating to a “hold” rating in a report on Friday, August 11th. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Israel Chemicals Shs has an average rating of “Hold” and an average price target of $4.88.

About Israel Chemicals Shs

Israel Chemicals Ltd. operates as a specialty minerals company worldwide. The company operates through two segments, Essential Minerals and Specialty Solutions. The company extracts potash from the Dead Sea; mines and produces potash and salt from subterranean mines in Spain and the United Kingdom, as well as uses part of the potash to produce compound fertilizers; mines and processes phosphate rock in open mines; and produces sulfuric acid, agricultural phosphoric acid, phosphate fertilizers, compound fertilizers, liquid fertilizers, and soluble fertilizers.

Dividend History for Israel Chemicals Shs (NYSE:ICL)

Receive News & Stock Ratings for Israel Chemicals Shs Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Israel Chemicals Shs and related stocks with our FREE daily email newsletter.