China Digital TV (STV) Declares $1.50 Special Dividend; 118.1% Yield

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China Digital TV Declares Special Cash Dividend to Shareholders

April 21, 2017 8:30 AM EDT

BEIJING, April 21, 2017 /PRNewswire/ -- China Digital TV Holding Co., Ltd. (NYSE: STV) ("China Digital TV" or the "Company"), a leading provider of cable TV technology which enables China's cable TV and IPTV markets to offer diversified TV content services, today announced that its Board of Directors declared a special cash dividend of US$1.50 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 May 31, 2017, U.S. Eastern Daylight Time, will be eligible... More