ELTK - Nice stocking stuffer announced this afternoon:
Eltek Declares a Cash Dividend of $0.17 per Share
PR Newswire - Nov 23 16:30 EDT
PETACH-TIKVA, Israel, Nov. 23, 2022 /PRNewswire/ -- Eltek Ltd. (NASDAQ: ELTK), a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards, announced today that its Board of Directors has declared a cash dividend in the amount of US$0.17 per share and in the aggregate an amount of approximately US$1 million.
The dividend is payable on December 19th, 2022, in US dollars, to all of the Company's shareholders of record as of December 12th, 2022.
"We are proud to announce the dividend to be distributed to Eltek's shareholders. We believe this reflects all of the hard work and significant achievements of the Company and its management over the past few years," said Yitzhak Nissan, Chairman of the Board Directors of Eltek.
I have seen lots of $1 stocks with strong earnings and solid balance sheets triple, quadruple and more, but I have yet to see one go below zero.
