Century Jiayuan announced a one-time dividend of $20 million to shareholders in October

Source: Internet
Author: User
Keywords Shareholder announced dividend
Tags company market operating operation send short-term total view
Summary: View the latest quotes September 29 news, Century Jiayuan announced, because the operation of cash flow scale than the company's short-term funding needs, the board decided to send shareholders a one-time total of about 20 million U.S. dollars of dividends. Century Jiayuan said in the statement, October 15, 2014 the United States to see the latest market

On September 29, Century Jiayuan announced that the board had decided to deliver a one-off dividend of about 20 million dollars to shareholders as the operating cash flow exceeded the company's short-term capital requirements.

Century Jiayuan said in a statement, October 15, 2014 U.S. stocks closed after the registered shareholders, can be a common share of 0.4467 U.S. dollars in dividends, or a share of the United States depository shares of 0.67 U.S. dollars in dividends.

The special one-off dividend is expected to be officially released on October 30, 2014, with a total size of about 20 million dollars.

For the purpose of the special dividend, Century Jiayuan explained that the introduction of the user personalized dating services business has brought a large amount of free cash flow, which allows the size of operating cash flow beyond the company's short-term funding needs, so decided to dividend to shareholders.

As of June 30, 2014, Century Jiayuan held cash, cash equivalents, short-term investment total value of 541.1 million yuan, the second quarter operating activities generated cash flow scale of 38.2 million yuan.


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