ICL Group Declares $69 Million Cash Dividend for June 2026 Payout
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Icl ( (ICL) ) has shared an update.
ICL Group Ltd. reported that on May 12, 2026, its board of directors approved a cash dividend of $0.05350 per share, totaling about $69 million, with some shareholders to be paid in New Israeli Shekels based on the Bank of Israel exchange rate on June 1, 2026. The dividend, which reflects the company’s continued practice of returning capital to investors, will be distributed only to shareholders entitled to receive at least $2, with a record date of June 2, 2026, a payment date of June 17, 2026, and specific Israeli withholding tax rates applied depending on the residency and type of shareholder.
The announcement also confirms that this dividend-related Form 6-K is incorporated by reference into ICL’s existing U.S. and Israeli offering documents, underscoring its relevance for current and prospective investors. By detailing tax treatment and pointing investors to additional guidance on possible refund procedures, ICL aims to provide clarity for both domestic and foreign shareholders, which may help support investor confidence and facilitate cross-border ownership of its shares.
The most recent analyst rating on (ICL) stock is a Hold with a $6.00 price target. To see the full list of analyst forecasts on Icl stock, see the ICL Stock Forecast page.
Spark’s Take on ICL Stock
According to Spark, TipRanks’ AI Analyst, ICL is a Neutral.
ICL scores middle-of-the-road: financial performance is constrained by the post-2022 earnings and free-cash-flow downshift despite a decent balance sheet, while technicals remain weak (below key moving averages with negative MACD). Valuation is not especially attractive at a high P/E even with a ~3.37% yield, and the latest earnings call adds some support via constructive 2026 EBITDA guidance but with meaningful cost and currency headwinds.
To see Spark’s full report on ICL stock, click here.
More about Icl
ICL Group Ltd. is an Israel-based multinational specializing in fertilizers, specialty minerals and chemical products for agriculture, industrial applications and food. The company is listed in both Israel and the U.S., and serves global markets where nutrient solutions and industrial raw materials are key to productivity and food security.
Average Trading Volume: 1,706,693
Technical Sentiment Signal: Strong Buy
Current Market Cap: $8.23B
For an in-depth examination of ICL stock, go to TipRanks’ Overview page.
