Delek Group challenges UN listing as Delek Group stock yields 14.50 percent

Published on 10/19/2026 at 10:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Delek Group denied settlement links after a September 25, 2026 UN update involving GBP 100 million. Delek Group stock had a 14.50 percent yield in August 2026.

Ownership dispute and operating scale

Delek Group challenged its UN listing on October 17, 2026, amid a GBP 100 million payout dispute.
Second-quarter 2026 group revenue reached ILS 4.40 billion, according to the company.
Delek Group's market capitalization was ILS 15.3 billion as of October 16, 2026.

Delek, IL0010841281, Illustration mit AI erstellt.

Delek Group (ISIN IL0010841281) faced renewed scrutiny on October 17, 2026, after The National reported that the company was contesting its inclusion in a United Nations database while standing to receive a GBP 100 million payout through Ithaca Energy. Delek said it had no business or operations in Israeli settlements and planned to challenge the listing.

What does the dispute involve?

The issue centers on Delek's majority ownership of Ithaca Energy and the connection between Ithaca's distributions and the UN database. The National said Ithaca had paid GBP 786 million in dividends to Delek between 2020 and April 2026, while Delek rejected any connection between those distributions and settlement activity.

Three dates shape the story

On August 19, 2026, Simply Wall St listed Delek's second-quarter results, while the company's investor-relations page reported ILS 4.40 billion in group revenue and ILS 314.00 million in net profit attributable to shareholders for the period. On September 25, 2026, the UN database was updated, according to The National. The October 17 dispute is the latest event.

Operating figures provide a counterweight

Delek's investor-relations page shows average combined production of 96,000 barrels of oil equivalent per day from Ithaca and NewMed in the second quarter of 2026, alongside ILS 500.00 million in dividends paid during that quarter. The same page lists an annual dividend yield of 14.50 percent as of August 2026, giving the controversy a clear financial counterpoint.

Israeli quote remains the market reference

On the TASE, Delek Group stock was trading at ILA 8,423.00 on October 19, 2026 at 10:49 a.m. IDT. Its market capitalization stood at ILS 15.3 billion as of October 16, 2026.