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ICL (TASE:ICL) Group Ltd. (NYSE:ICL) reported that its board of directors approved a cash dividend of $0.04260 per share, totaling approximately $55 million. The decision was made on Tuesday.
According to a statement released through a SEC filing, the dividend will be paid to shareholders of record as of September 3, 2025. The payment date is scheduled for September 17, 2025. Shareholders who are entitled to receive less than $2 will not be issued a dividend payment.
Some shareholders will receive the dividend in New Israeli Shekels (NIS). For these holders, the final dividend amount per share will depend on the Bank of Israel’s representative exchange rate on September 2, 2025.
The company stated that Israeli tax will be withheld from the dividend at varying rates. Israeli resident companies will not be charged withholding tax. Israeli resident individuals will be subject to a 25% withholding tax rate. For foreign residents, the withholding tax rate will be 25% or lower, depending on applicable international tax treaties.
ICL Group advised shareholders whose shares are traded on the NYSE but not through an Israeli bank to consult the company’s website for information about potential tax refund procedures.
This information is based on a press release statement included in a recent SEC filing.
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