PresseBox
Press release BoxID: 409776 (ORAD Hi Tec Systems GmbH)
  • ORAD Hi Tec Systems GmbH
  • Takustraße 1-3
  • 50825 Köln
  • http://www.orad.tv
  • Contact person
  • Ehud Ben-Yair
  • +972 (9) 7676862

Orad Hi-Tec Systems Ltd: Details about the dividend payment for 2010

(PresseBox) (Kfar-Saba, Israel, ) Orad Hi-Tec Systems Ltd. (ISIN IL0010838071; Symbol: OHT), a world leading provider of state-of-the-art, 3D real-time graphic solutions for the broadcasting markets, announced that it has resolved to declare a dividend for fiscal year 2010, in the amount of US$911,000 (equal to 33.3% of the net profit in year 2010). The dividend per share is currently expected to be approximately 8.3 US cents per share (and in any event shall be rounded down to the nearest one tenth of one cent). The record date is March 21, 2011, the ex-dividend date is March 22, 2011 and the payment date is expected to be March 25, 2011. The Company shall withhold 20% at source, for all shareholders, according to Israeli tax law requirements.

ORAD Hi Tec Systems GmbH

Orad Hi-Tec Systems is a world leading provider of real time 3D broadcast graphics solutions for the broadcasting markets, including: news, channel branding, sports production and enhancement, special events, elections, virtual studios, and virtual advertisement. Orad's compelling solutions streamline production workflow, enhance viewer experience and improve production value. Founded in 1993, Orad is a public company listed on the Frankfurt Stock Exchange (OHT).
For more information, visit www.orad.tv