Phoenix New Media (FENG) Declares $1.3712 Special Dividend; 55.7% Yield
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Phoenix New Media Announces Special Cash Dividend of US$1.3712 per ADS
November 19, 2020 6:00 AM ESTBEIJING, Nov. 19, 2020 /PRNewswire/ -- Phoenix New Media Limited (NYSE: FENG), a leading new media company in China ("Phoenix New Media", "ifeng" or the "Company"), today announced that its Board of Directors declared a special cash dividend of US$0.1714 per ordinary share, equivalent to US$1.3712 per American depositary share ("ADS"), totaling approximately US$100 million, payable on December 22, 2020 to holders of record of the Company's ordinary shares at the close of business on December 4, 2020 (the "Record Date").
JPMorgan Chase Bank, N.A., as... More
