Business
G. WILLI-FOOD INTERNATIONAL ANNOUNCES DIVIDEND DISTRIBUTION OF NIS 15 MILLION (US$ 4.386 MILLION)
YAVNE, Israel, Nov. 24, 2022 /PRNewswire/ -- G. Willi-Food International Ltd. (NASDAQ: WILC) (TASE: WILF) (the "Company" or "Willi-Food"), a global company
About this update from G. Willi-food International, Ltd.
[{"type":"text","content":"YAVNE, Israel, Nov. 24, 2022 /PRNewswire/ -- G. Willi-Food International Ltd. (NASDAQ: WILC) (TASE: WILF) (the \"Company\" or \"Willi-Food\"), a global company that specializes in the development, marketing and international distribution of kosher foods, today announced that the Company's Board of Directors has declared a cash dividend distribution of approximately NIS 1.08 per ordinary share and an aggregate dividend of NIS 15 million (approximately US$0.32 and US$4.386 million respectively, based on representative rate of exchange as of November 24, 2022). \n \nThe dividend is payable to shareholders of record as of the close of business on December 6, 2022 and will be payable on December 14, 2022. For shareholders who will receive the dividend payment in US dollars, the amount of the dividend per share is not final and is subject to change due to the need to convert the amount from NIS to US dollars in accordance with the Bank of Israel's representative rate of exchange on December 6, 2022. The final dividend amount is also subject to change based on the number of ordinary shares outstanding on the record date.\nAbout G. Willi-Food International Ltd.\nG. Willi-Food International Ltd. (http://www.willi-food.com) is an Israeli-based company specializing in high-quality, great-tasting kosher food products. Willi-Food is engaged directly and through its subsidiaries in the design, import, marketing and distribution of over 600 food products worldwide. As one of Israel's leading food importers, Willi-Food markets and sells its food products to over 1,500 customers and 3,000 selling points in Israel and around the world, including large retail and private supermarket chains, wholesalers and institutional consumers. The Company's operating divisions include Willi-Food in Israel and Euro European Dairies, a wholly owned subsidiary that designs, develops and distributes branded kosher, dairy-food products.\nFORWARD LOOKING STATEMENT\nThis press release contains forward-looking statements within the meaning of safe harbor provisions of the Private Securities Litigation Reform Act of 1995 relating to future events or our future performance, such as statements regarding trends, demand for our products and expected sales, operating results, and earnings. Forward-looking statements involve known and unknown risks, uncertainties and other f...