China Digital TV (STV) Declares $0.20 Special Dividend; 12% Yield

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China Digital TV Declares Special Cash Dividend to Shareholders

April 15, 2016 9:01 AM EDT

BEIJING, April 15, 2016 /PRNewswire/ -- China Digital TV Holding Co., Ltd. (NYSE: STV) ("China Digital TV" or the "Company"), the leading provider of cloud-based application platforms and conditional access ("CA") systems which enable China's digital cable television market to offer and secure diversified content services, today announced that its Board of Directors declared a special cash dividend of US$0.20 per ordinary share. Each of the Company's American depositary shares represents one ordinary share.

Shareholders of record as of the close of business on April 29, 2016, U.S. Eastern Daylight... More