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TAT Technologies Ltd. — Notice of Dividend Amount 2007
Sep 5, 2007
7072_rns_2007-09-05_509d1809-3fe2-46dc-b0f4-f514dc8f0bbd.pdf
Notice of Dividend Amount
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TAT TECHNOLOGIES LTD. P.O.BOX 80, GEDERA 70750 ISRAEL
COMPANY CONTACT Mr. Israel Ofen Executive Vice-President and Chief Financial Officer 011-972-8-859-5411
FOR IMMEDIATE RELEASE September 5, 2007
TAT Technologies announces payment of cash dividend
Gedera, Israel-September 5, 2007/PRNewswire/ – TAT Technologies limited (NASDAQ/NMS: TATTF) announced today that it will pay a cash dividend to each of its shareholders of record on October 16, 2007. Each shareholder will be entitled to receive $0.40 per share, pre-withholding tax of 20% which will be paid on approximately November 5, 2007. The Company believes that its capital resources are sufficient to continue to expand and grow its business after the payment of this dividend to its shareholders, which will total approximately $2,617,000.
TAT, together with its subsidiaries, is principally engaged in the manufacture, repair and overhaul of heat transfer equipment, such as heat exchangers, precoolers and oil/fuel hydraulic coolers used in aircraft, defense systems, electronic equipment and other applications. In addition the company manufactures and overhauls aircraft accessories and systems such as pumps, valves, power systems, turbines, etc.
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