Kamada (KMDA) has obtained a tax ruling from the Israel Tax Authority with respect to the special cash dividend of $0.20 per share on the Company’s ordinary shares announced on March 5, 2025 expected to be paid on April 7, 2025 to shareholders of record at the close of business on March 17, 2025. As a result of the Ruling, shareholders who hold Company shares as of the Record Date that trade such shares on the Nasdaq Stock Market and are residents of a country with which Israel has a tax treaty may be eligible for a reduced Israeli withholding tax rate on their share of the Dividend, in comparison to the generally applicable Israeli withholding tax rate, under certain terms and conditions. In addition, Nasdaq Shareholders that are Israeli corporate shareholders may be eligible for an exemption from Israeli withholding tax.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KMDA:
- FedEx downgraded, Adobe upgraded: Wall Street’s top analyst calls
- Kamada initiated with a Buy at Benchmark
- Kamada Expands Plasma Collection Operations with New San Antonio Center
- Kamada opens third plasma collection center in San Antonio, Texas
- Kamada: A Growth-Oriented Investment with Strong Financials and Strategic Expansion Plans
Questions or Comments about the article? Write to editor@tipranks.com