Friday, November 16, 2012

China Digital TV Holding - More Questions Than Answers

To receive a special dividend is always a nice gesture from a company. Most shareholders love dividends. But why give away such a large stack of your cash value on your balance sheet?

In a press release from Monday, China Digital TV (STV) announced that it is declaring a special cash dividend of $2.30 per share. It is to be paid in two installments of $1.00 and $1.30 on or around Dec. 3, 2012, and Feb. 4, 2013, respectively.

Read more on Seeking Alpha

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