What is the expected ex‑dividend date and how might it impact the stock’s liquidity and price on that day? | MAXO (Aug 14, 2025) | Candlesense
MAXO

What is the expected ex‑dividend date and how might it impact the stock’s liquidity and price on that day?

Expected ex‑dividend date

Max Stock Ltd. announced the dividend on 14 Aug 2025. In Israel the ex‑dividend date is set by the Tel‑Aviv Stock Exchange (TASE) and normally falls one business day before the record‑date. Because the company disclosed the dividend on a Friday (14 Aug), the exchange will most likely designate Monday 15 Aug 2025 as the ex‑dividend date (or, if the record‑date is set for the same day, the ex‑date could be the same Friday).

Liquidity & price impact on 15 Aug

Liquidity – The ex‑dividend day typically draws a surge of “dividend‑capture” trades. Investors who already own the shares will hold them through the close, while dividend‑seekers will either buy before the ex‑date or sell immediately after to avoid the dividend‑tax drag. Expect higher than average volume and a tighter bid‑ask spread as market makers adjust to the increased turnover.

Price – The market will price‑adjust for the cash payout. With a dividend of ILS 0.2866 per share (≈ 2 % of the recent price level), the stock will normally open ≈ 0.28 ILS lower than the previous close, all else equal. In practice the price may dip a little more if the market anticipates a short‑term sell‑off, or it could be partially offset by the buying pressure of dividend‑capture traders.

Trading take‑aways

Timeframe Action
Before the ex‑date (14 Aug close) If you want the dividend, buy or hold; be prepared for a modest price premium as the market still values the upcoming cash payout.
On the ex‑date (15 Aug) Anticipate a ~2 % price drop and a volume spike. Consider short‑term scalping the bounce‑back if you expect the price to recover quickly, or stay flat if you’re holding for the dividend.
After the ex‑date (16 Aug+) Look for the price to revert toward the pre‑dividend trend line; monitor whether the volume normalises or remains elevated, which could signal continued speculative trading.

In short, Monday 15 Aug 2025 is the likely ex‑dividend date; expect a temporary price discount of about ILS 0.28 per share and elevated trading activity. Position accordingly—either capture the dividend by buying before the close of 14 Aug, or exploit the expected price dip by short‑selling or buying on the dip if you anticipate a swift rebound.

Other Questions About This News

How will the announced cash dividend affect MAXO's short‑term price movement? What is the dividend yield based on the current share price and how does it compare to the sector average? Is the ILS 0.2865976 per share dividend sustainable given the company's recent cash flow and earnings trends? What is the payout ratio implied by this ILS 40 million dividend and does it indicate a change in the company's capital allocation policy? Will the dividend announcement attract income‑focused investors and increase trading volume? Are there any tax implications for foreign investors receiving the ILS‑denominated dividend? How does MAXO's dividend size and frequency compare with its main competitors on the Tel‑Aviv Stock Exchange? Could the cash payout constrain the company's ability to fund future growth initiatives or acquisitions? Is there any indication that the dividend is a signal of management’s confidence in the company’s near‑term profitability?