Caesarstone Ltd. (CSTE)
Caesarstone Ltd. is a producer of high-quality quartz surfaces for kitchen and bathroom countertops, as well as other interior surfaces. Founded in Israel in 1987, the company has grown into a leading global manufacturer, known for its innovative designs, durability, and sustainable practices. Caesarstone's products are used in residential, commercial, and institutional applications worldwide.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| September 7, 2022 | $0.25 | 2022-08-16 | 2022-08-17 |
| November 30, 2021 | $0.10 | 2021-11-16 | 2021-11-17 |
| June 1, 2021 | $0.21 | 2021-05-17 | 2021-05-18 |
| December 9, 2020 | $0.14 | 2020-11-17 | 2020-11-18 |
| December 10, 2019 | $0.15 | 2019-11-19 | 2019-11-20 |
Dividends Summary
- Caesarstone Ltd. has issued 9 dividend payments over the past 9 years
- The most recent dividend was paid 1126 days ago, on September 7, 2022
- The highest dividend payed out to investors during this period was $0.58 per share
- The average dividend paid during this period was $0.26 per share.
Company News
The US countertop market is projected to reach $138 billion by 2033, driven by rising consumer demand for premium materials like granite and quartz, particularly in the residential construction sector. Key trends include a shift towards sustainability and technological innovations in manufacturing.
CaesarStone (CSTE) delivered earnings and revenue surprises of 18.75% and 6.64%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
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CSTE earnings call for the period ending September 30, 2021.