G. Willi-Food International Declares Significant Cash Dividend as Part of Shareholder Return Strategy

G. Willi-Food International Declares a NIS 30 Million Dividend

G. Willi-Food International Ltd., a prominent player in the kosher food sector, has announced an impressive cash dividend distribution of approximately NIS 30 million, equivalent to around US$8.27 million. This decision, made by the company’s Board of Directors, reflects its commitment to delivering shareholder value and is seen as a strategic move in today’s volatile market.

Key Details of the Dividend Declaration

The declared dividend translates to roughly NIS 2.16 per ordinary share, which will be available for shareholders on record as of the close of business on March 24, 2025. The payment is scheduled for April 7, 2025. It's essential to note that for shareholders receiving the dividend in US dollars, the amount is subject to fluctuations based on the Bank of Israel’s exchange rate on the record date. Hence, the final dividend amount may vary according to the total number of ordinary shares outstanding at that time.

This distribution not only signifies a promising financial standing for G. Willi-Food but also indicates the company’s robust operational efficiency, allowing it to reward its shareholders substantially even amidst unprecedented challenges in the global market.

About G. Willi-Food International Ltd.

Founded in Israel, G. Willi-Food International specializes in the development, marketing, and international distribution of kosher foods. The company boasts an extensive portfolio of over 650 food products that it sells across diverse markets worldwide. With its subsidiaries, including Euro European Dairies, Willi-Food serves a variety of clients spanning large retail chains, wholesalers, and institutional consumers, reaching over 3,000 selling points globally.

The company has established itself as one of Israel’s leading food importers, developing strong relationships with over 1,500 customers. Their commitment to quality and kosher dietary laws has cemented their reputation as a trusted brand in the global kosher food marketplace.

Market Context and Future Outlook

In the current economic climate, marked by uncertainties due to geopolitical tensions and fluctuating market conditions, G. Willi-Food's proactive approach to shareholder returns sets a positive tone. By announcing a substantial dividend, the company signals its strength and resilience, instilling confidence among its investors and stakeholders.

Looking ahead, G. Willi-Food continues to focus on expanding its product offerings and market presence. The company remains dedicated to improving commercial terms with suppliers and enhancing its distribution networks. Additionally, the anticipated development of a new logistics center is expected to bolster operational efficiency, an essential factor in navigating the complexities of food distribution.

While future challenges remain, such as navigating currency risks and securing a strong supply chain amidst global disruptions, G. Willi-Food is well-positioned to adapt. The company's history of adeptly addressing market changes will be crucial in ensuring sustained growth and profitability.

In conclusion, G. Willi-Food International's latest dividend announcement not only reinforces its stability but also indicates substantial growth potential, promising a bright future for both the company and its shareholders. Investors can look forward to continued engagement and developments as the company strives to lead in the competitive world of kosher foods.