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In a notable surge, Israel Chemicals Ltd ( ICL (TASE:ICL)) stock has reached a 52-week high, touching the $7 mark. With a market capitalization of $9.06 billion, the company maintains a solid financial health score of "GOOD" according to InvestingPro analysis. This peak reflects a robust upward trend for the company, which has seen an impressive 43.7% increase over the past year, complemented by a strong 32.58% gain in the past six months. Investors have shown growing confidence in ICL’s market position and financial health, as evidenced by the stock’s performance and its attractive 2.59% dividend yield. InvestingPro data reveals 6 additional key insights about ICL’s performance and outlook, available in the comprehensive Pro Research Report. The achievement of this 52-week high serves as a testament to the company’s resilience and strategic initiatives that have resonated well with the market sentiment, though current valuations with a P/E ratio of 23.5 suggest the stock may be trading above its Fair Value.
In other recent news, ICL Group reported first-quarter earnings that fell short of analyst expectations. The company announced adjusted earnings per share of $0.09, missing the consensus estimate of $0.10. Revenue for the quarter was $1.77 billion, which was below the projected $1.85 billion and marked a decline from the same period last year. Despite this, ICL maintained its full-year 2025 guidance, forecasting specialties-driven EBITDA between $950 million and $1.15 billion. The company also reaffirmed its outlook for potash sales volumes of 4.5 million to 4.7 million metric tons. Additionally, ICL disclosed details of a dividend distribution totaling $55 million, with shareholders receiving $0.04260 per share. The record date for the dividend is set for June 4, 2025, with payment scheduled for June 18, 2025. ICL provided information on tax implications, noting that Israeli resident individuals and foreign residents would face a 25% withholding tax rate.
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