Sky TV to pay early dividend ahead of Vodafone merger

Mon, 30 Jan 2017

By Paul McBeth Jan. 31 (BusinessDesk) - Sky Network Television will pay an early interim dividend ahead of the planned merger with Vodafone New Zealand and raise the cash portion of its acquisition of the telecommunications carrier to reflect a bigger return than their agreement provided for. Auckland-based Sky TV will pay 15 cents per share, or $58.4 million, on Feb. 22 to shareholders on the register on Feb. 15, it said in a statement. The announcement was released ahead of Sky TV's first-half result to enable a return to shareholders...

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