Eltek Ltd
ELTKEltek Ltd (ELTK) is a company specializing in the development and marketing of advanced electronic and photonic products. It focuses on providing innovative solutions in areas such as fiber optics, telecommunications, and electronic components, serving a global market with a portfolio that includes optical transceivers, modules, and related technologies.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| April 29, 2025 | $0.19 | 2025-04-22 | 2025-04-22 |
| December 21, 2023 | $0.22 | 2023-12-12 | 2023-12-13 |
| December 19, 2022 | $0.17 | 2022-12-09 | 2022-12-12 |
Dividends Summary
- Consistent Payer: Eltek Ltd has rewarded shareholders with 3 dividend payments over the past 3 years.
- Total Returned Value: Investors who held ELTK shares during this period received a total of $0.58 per share in dividend income.
- Latest Payout: The most recent dividend of $0.19/share was paid 269 days ago, on April 29, 2025.
- Dividend Growth: Since 2022, the dividend payout has grown by 11.8%, from $0.17 to $0.19.
Company News
Eltek reported strong Q2 2025 performance with 20% revenue growth, expanding gross margins to 24.1%, and significant defense sector momentum. The company is investing in infrastructure upgrades to support future growth and addressing labor constraints.
Eltek reported a 20% revenue increase in Q2 2025, driven by strong defense sector demand and improved product mix. The company faced currency devaluation challenges but remains focused on expanding production capacity and addressing manufacturing personnel constraints.
The global Aerospace Printed Circuit Board Market is projected to grow from US$1.2 billion in 2024 to US$1.9 billion by 2034, with a 3.3% CAGR, driven by advancements in commercial aircraft, military platforms, and emerging technologies like UAVs.
Eltek, a financial services company, faced challenges in optimizing new equipment and experienced lower production yields, impacting profitability in Q1 2025. However, the company expects to stabilize production and expand capacity with new plating lines, though labor shortages and tariff uncertainties remain concerns.
Eltek Ltd., a global manufacturer and supplier of printed circuit boards, announced that it will release its financial results for the first quarter of 2025 on May 20, 2025, and will hold a conference call to discuss the results.
