PETAH TIKVA (dpa-AFX) - While reporting its second-quarter results today, Teva Pharmaceutical Industries Limited (TEVA) said its board of directors declared a cash dividend for the second quarter.
On August 1, 2016, the company's board declared a cash dividend of $0.34 per ordinary share for the second quarter of 2016.
For holders of the company's ordinary shares that are traded on the Tel Aviv Stock Exchange, the dividend will be converted into new Israeli shekels based on the official exchange rate as of August 4, 2016. The record date will be August 22, 2016, and the payment date will be September 8, 2016.
On August 1, 2016, the board further declared a quarterly cash dividend of $17.50 per mandatory convertible preferred share. The record date will be September 1, 2016 and the payment date will be September 15, 2016.
Copyright RTT News/dpa-AFX