Orad Hi-Tec Systems Ltd: Details about dividend payment
Dissemination of an Ad hoc announcement according to § 15 WpHG
(PresseBox) (Kfar-Saba, Israel, )Orad Hi-Tec Systems Ltd. (ISIN IL0010838071; Symbol: OHT), a world-leading provider of real-time 3D broadcast graphic, video server, and media asset management solutions for the broadcasting markets, announced that it has resolved to declare a dividend in the amount of US $0.09 per each ordinary share entitled to receive a dividend, on behalf of the profits through 2011. The total dividend amount to be paid to all shareholders is currently expected to be approximately US $1.01 million. The record date is September 05, 2012, the ex-dividend date is September 06, 2012 and the payment date is expected to be September 11, 2012. The Company shall withhold 25% at source from all shareholders, according to Israeli tax law requirements.
