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ICL Group Ltd. (NYSE:ICL) released a supplemental report Monday providing further details on its upcoming dividend distribution, according to a press release statement based on a recent SEC filing.
The company confirmed the total dividend amount will be approximately $55 million, with a per-share dividend of $0.04260 for shareholders receiving payment in U.S. dollars. For shareholders receiving payment in Israeli Shekels, the dividend per share will be ILS 0.1442436, calculated using Monday’s representative exchange rate as published by the Bank of Israel.
The dividend will be paid only to registered shareholders entitled to receive $2 or more. The record date for the dividend is set for Wednesday, September 3, 2025, with the payment scheduled for Wednesday, September 17, 2025.
ICL Group stated that Israeli tax will be withheld from the dividend at the following rates: Israeli resident companies will not be charged withholding tax; Israeli resident individuals will have 25% withheld; and foreign residents, both individuals and companies, will be subject to a 25% withholding rate or the rate specified in applicable international tax treaties, whichever is lower.
The company advised shareholders who hold shares traded on the New York Stock Exchange and not through an Israeli bank to refer to its website for information regarding potential refund procedures for taxes withheld above the applicable rates.
This information is based on a press release statement contained in ICL Group’s recent SEC filing.
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