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Camtek Declares a Cash Dividend of $1.33 per Share

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Camtek declares a cash dividend of US$1.33 per share, totaling approximately US$60 million, payable on April 18, 2024, to shareholders of record on April 4, 2024.
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MIGDAL HAEMEK, Israel, March 21, 2024 /PRNewswire/ -- Camtek Ltd. (NASDAQ: CAMT) (TASE: CAMT), today announced that its Board of Directors has declared a cash dividend in the amount of US$1.33 per share, representing an aggregate distribution of approximately US$60 million.

Camtek Ltd. Logo

The dividend is payable on April 18, 2024, in US dollars, to all shareholders of record at the close of the NASDAQ Global Select Market on April 4, 2024. From the dividend payment, tax will be withheld according to applicable law.

For more information about Camtek Ltd. and its advanced inspection and metrology solutions, please visit www.camtek.com.

ABOUT CAMTEK LTD.

Camtek is a developer and manufacturer of high-end inspection and metrology equipment for the semiconductor industry. Camtek's systems inspect IC and measure IC features on wafers throughout the production process of semiconductor devices, covering the front and mid-end and up to the beginning of assembly (Post Dicing). Camtek's systems inspect wafers for the most demanding semiconductor market segments, including Advanced Interconnect Packaging, Heterogenous Integration, Memory and HBM, CMOS Image Sensors, Compound Semiconductors, MEMS, and RF, serving numerous industry's leading global IDMs, OSATs, and foundries.  With manufacturing facilities in Israel and Germany, and eight offices around the world, Camtek provides state of the art solutions in line with customers' requirements.

This press release is available at www.camtek.com

This press release contains statements that may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on Camtek's current beliefs, expectations and assumptions about its business and industry, all of which may change.  Forward-looking statements can be identified by the use of words including "believe," "anticipate," "should," "intend," "plan," "will," "may," "expect," "estimate," "project," "positioned," "strategy," and similar expressions that are intended to identify forward-looking statements, including statements relating to statements about future dividends. These forward-looking statements involve known and unknown risks and uncertainties that may cause the actual results, performance or achievements of Camtek to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Factors that may cause our actual results to differ materially from those contained in the forward-looking statements include, but are not limited to, the risks discussed in our Annual Report on Form 20-F and other documents filed by Camtek with the Securities and Exchange Commission. We caution you not to place undue reliance on forward-looking statements, which speak only as of the date hereof. Camtek does not assume any obligation to update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release unless required by law.

Contact:

CAMTEK LTD.
Moshe Eisenberg, CFO
Tel: +972 4 604 8308
Mobile: +972 54 900 7100
moshee@camtek.com

INTERNATIONAL INVESTOR RELATIONS 
EK Global Investor Relations
Ehud Helft
Tel: (US) 1 212 378 8040
camtek@ekgir.com

Logo: https://mma.prnewswire.com/media/1534463/Camtek_logo.jpg

Cision View original content:https://www.prnewswire.com/news-releases/camtek-declares-a-cash-dividend-of-1-33-per-share-302096016.html

SOURCE Camtek Ltd.

FAQ

What is the dividend amount declared by Camtek ?

Camtek declared a cash dividend of US$1.33 per share.

When will the dividend be payable?

The dividend will be payable on April 18, 2024.

How much is the total distribution of the dividend?

The dividend represents an aggregate distribution of approximately US$60 million.

Who will receive the dividend?

The dividend will be paid to all shareholders of record at the close of the NASDAQ Global Select Market on April 4, 2024.

How will the dividend be paid?

The dividend will be paid in US dollars.

Camtek Ltd

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Semiconductor Equipment & Materials
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United States of America
Migdal Haemek