TAT Technologies clarifies dividend amount

30 April 2014

TAT Technologies Ltd. (NASDAQ: TATT) said that the per share dividend amount for the cash dividend declared on March 19, 2014, in the total amount of USD2.0m, is USD0.227 per share (or approximately USD0.23 and NIS0.79 per share as previously reported), for all of the shareholders of TAT Technologies of record on April 23, 2014.

Such cash dividend will be paid by TAT Technologies on May 7, 2014. Tax will be withheld with respect to payments made to individuals and non-Israeli residents at a rate of 20 percent.

TAT Technologies LTD is a provider of services and products to the commercial and military aerospace and ground defense industries. It operates under three segments: (i) original equipment manufacturing of heat management solutions (ii) heat transfer services and products and (iii) maintenance, repair and overhaul services of aviation components.

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