Elec & Eltek International Company Limited recommended a one-tier tax exempt final dividend of USD 8.0 cents (2016: USD 6.0 cents) per share amounting to USD 14,954,000 (2016: USD 11,215,000) to be payable in respect of the current financial year. This dividend will be recorded as a liability on the statement of financial position of the Company and of the Group upon approval by the shareholders of the Company at the forthcoming annual general meeting.