insane dividends

[wzebra33]

May 20, 2011 /PRNewswire-Asia/ -- China Digital TV Holding Co., Ltd. (NYSE: STV) ("China Digital TV" or the "Company"), the leading provider of conditional access ("CA") systems to China's expanding digital television market, today declared a special cash dividend of US$0.56 per share on the Company's ordinary shares, par value US$0.0005 per share. Each of the Company's American depositary shares represents one ordinary share.

Shareholders of record as of the close of business on June 20, 2011, U.S. Eastern Daylight Time, will be eligible to receive the dividend. The total amount of the dividend is US$33.421 million, which will be allocated from net income attributable to China Digital TV for the fiscal year 2010. The dividend is expected to be paid on or around December 30, 2011