Concord Medical Declares $0.24/Shr Special Cash Dividend - Quick Facts

(RTTNews) - Concord Medical Services Holdings Ltd. (CCM), a specialty hospital management solution provider and operator of the largest network of radiotherapy and diagnostic imaging centers in China and the parent of Chang'an Hospital, said that its board has declared a special cash dividend of $0.24 per ordinary share, or $0.72 per American Depositary Share "ADS" on the firm's outstanding ordinary shares.

The total expense for the special dividend is liekly to be around $32.2 million, based on 134.02 million ordinary shares outstanding as of September 30, 2013. Each ADS represents three ordinary shares of the company. The dividends are payable on January 30, 2014, to shareholders of record at the close of business on January 20, 2014.