IncrediMail Board Approves $3.8 Million Interim Dividend
31 Agosto 2009 - 1:31PM
Business Wire
IncrediMail Ltd. (NASDAQ:MAIL) (www.incredimail-corp.com), an
Internet company, today announced that its Board of Directors
approved an interim cash dividend of $3.8 million, which is
approximately $0.40 per share. Distributing the dividend is subject
to receipt by the Company of a tax pre-ruling from the Israeli Tax
Authority as required by Israeli law.
The dividend's record date and date of distribution are intended
to be announced after receiving the pre-ruling from the Israeli Tax
Authority.
This interim dividend is equivalent to the Company's net
earnings in the first half of 2009, and is part of the Company's
dividend policy, as announced on March 12, 2009, whereby at least
50% of the Company's annual net income is planned to be paid out as
a dividend.
About IncrediMail Ltd.
IncrediMail Ltd. (NASDAQ:MAIL) is an internet company that
develops customized, downloadable graphic consumer applications
used to generate search related revenues and designs, markets and
delivers high end personal desktop software. The company’s award
winning e-mail client product, IncrediMail Premium, is sold in over
100 countries in 10 different languages. Other products include,
HiYo a graphic add-on to instant messaging software, Magentic, a
wallpaper and screensaver software, and PhotoJoy, software for
presenting digital personal photos.
Forward Looking Statements
This press release contains historical information and
forward-looking statements within the meaning of The Private
Securities Litigation Reform Act of 1995 with respect to the
business, financial condition and results of operations of the
Company. The words “believe,” “expect,” “intend,” “plan,” “should”
and similar expressions are intended to identify forward-looking
statements. Such statements reflect the current views, assumptions
and expectations of the Company with respect to future events and
are subject to risks and uncertainties. Many factors could cause
the actual results, performance or achievements of the Company to
be materially different from any future results, performance or
achievements that may be expressed or implied by such
forward-looking statements, including, among others, changes in the
markets in which the Company operates and in general economic and
business conditions, loss of key customers and unpredictable sales
cycles, competitive pressures, market acceptance of new products,
inability to meet efficiency and cost reduction objectives, changes
in business strategy, legal, regulatory and government
administrative approvals and processes and various other factors,
both referenced and not referenced in this press release, and any
such factors could affect or prevent the payment of the dividend or
the implementation of any buyback programs described in this
release. Various risks and uncertainties may affect the Company and
its results of operations, as described in reports filed by the
Company with the Securities and Exchange Commission from time to
time. The Company does not assume any obligation to update these
forward-looking statements.
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