Israel Chemicals Shs (NYSE:ICL) declared a quarterly dividend on Friday, August 4th, Wall Street Journal reports. Shareholders of record on Tuesday, August 29th will be given a dividend of 0.0245 per share by the basic materials company on Wednesday, September 13th. This represents a $0.10 annualized dividend and a dividend yield of 2.25%. The ex-dividend date is Tuesday, August 29th.

Israel Chemicals Shs has a dividend payout ratio of 35.7% meaning its dividend is sufficiently covered by earnings. Equities 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%.

Israel Chemicals Shs (NYSE ICL) opened at 4.36 on Monday. The firm’s 50 day moving average is $4.65 and its 200 day moving average is $4.43. The stock’s market capitalization is $5.56 billion. Israel Chemicals Shs has a 1-year low of $3.52 and a 1-year high of $4.95.

Israel Chemicals Shs (NYSE:ICL) last issued its quarterly earnings results on Thursday, August 3rd. The basic materials company reported $0.05 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.06 by $0.01. The firm had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.32 billion. Israel Chemicals Shs had a positive return on equity of 13.55% and a negative net margin of 3.43%. The business’s revenue was down 4.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.09 earnings per share. On average, equities research analysts anticipate that Israel Chemicals Shs will post $0.26 earnings per share for the current year.

A number of analysts have recently issued reports on the company. BidaskClub raised Israel Chemicals Shs from a “sell” rating to a “hold” rating in a research note on Saturday, June 24th. Zacks Investment Research raised Israel Chemicals Shs from a “sell” rating to a “hold” rating in a research note on Monday, July 17th. ValuEngine raised Israel Chemicals Shs from a “hold” rating to a “buy” rating in a research note on Saturday, June 17th. Finally, Jefferies Group LLC reaffirmed a “hold” rating and issued a $5.25 price target (up from $4.75) on shares of Israel Chemicals Shs in a research note on Friday, July 14th. One research analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. Israel Chemicals Shs has an average rating of “Hold” and an average target price of $4.67.

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Israel Chemicals Shs Company Profile

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)

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