MAGS - Dividend announcements

YEHUD, Israel, Aug. 16, 2021 /PRNewswire/ -- Senstar Technologies (name change from Magal Security Systems, Ltd. is pending) (NASDAQ:MAGS), a leading international provider of comprehensive physical, video, and access control security products and solutions, announced today that the Board of Directors has declared a cash distribution to shareholders in the amount of $1.725 per share (approximately $40 million in the aggregate), following the approval of the shareholders and the receipt of court approval in Israel. The cash distribution will be paid in US$ on September 22, 2021 to shareholders of record on August 31, 2021. According to NASDAQ, the ex-dividend date for NASDAQ trading will be S

YEHUD, Israel, Dec. 21, 2020 /PRNewswire/ -- Magal Security Systems, Ltd. (NASDAQ: MAGS) today issued a clarification with respect to its announced cash distribution of  $1.079 per share (approximately $25 million in the aggregate) payable in US$ on December 28, 2020 to shareholders of record on December 17, 2020.  According to NASDAQ, the ex-dividend date for NASDAQ  trading will be December 29, 2020. Nasdaq Rule 11140(b)(2) provides that if the value of a cash distribution is 25% or greater than the value of the subject security, the ex- dividend date will be the first business day after the payable date. On December 29, 2020, the ex-dividend date, NASDAQ will reset the opening trading