Golf Rises Most in 2 Months on $14 Million Dividend

Jan. 11 (Bloomberg) -- Golf & Co. advanced the most in almost two months after the Israeli retailer said it will pay 50 million shekels ($14 million) as dividend.

The shares rose 2.8 percent, the biggest gain since Nov. 18, to 22.96 shekels at the 4:30 p.m. close in Tel Aviv, giving the Tel Aviv-based company a market value of 924 million shekels.

To contact the reporter on this story: Ronit Goodman in Tel Aviv at rgoodman9@bloomberg.net

To contact the editor responsible for this story: Claudia Maedler at cmaedler@bloomberg.net