Gilat Satellite Networks (GILT) Declares $0.63 Special Dividend; Names Bosmat Halpern CFO

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Go back to Gilat Satellite Networks (GILT) Declares $0.63 Special Dividend; Names Bosmat Halpern CFO

Gilat Declares $35 Million Cash Dividend to Shareholders

December 30, 2020 8:26 AM EST

PETAH TIKVA, Israel, Dec. 30, 2020 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that its Board of Directors has declared a cash dividend to shareholders in the amount of $0.63 per share (approximately $35 million in the aggregate) following receipt of court approval for the distribution of the dividend. The dividend will be paid in US$ on January 20, 2021 to shareholders of record on January 11, 2021. Together with the $20M dividend distributed at the beginning of this month, the aggregate amount of dividends payable... More