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El Al Airlines Declares First Dividend Since 2017

1/7/2026

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Summary

Story summary

El Al Israel Airlines (the airline) will pay its first dividend since 2017, about $100 million ($0.18 per share) after a government agreement.
The dividend is 30% of net profit of $353.3 million for first three quarters of 2025.
El Al holds $1.83 billion in cash and liquid assets.
The Rozenberg family, holding 45.1% of shares, will receive about $45 million.
El Al offsets profits against past losses to avoid corporate tax.

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Story summary

El Al Israel Airlines (the airline) will pay its first dividend since 2017, about $100 million ($0.18 per share) after a government agreement.
The dividend is 30% of net profit of $353.3 million for first three quarters of 2025.
El Al holds $1.83 billion in cash and liquid assets.
The Rozenberg family, holding 45.1% of shares, will receive about $45 million.
El Al offsets profits against past losses to avoid corporate tax.