8. Dividend distribution On November 28, 2011 the Board of directors of the Company decided on interim dividend distribution for the year 2011, in the amount of NIS 75 million (U.S $20.2 million ), NIS 1.13 per share (U.S. $ 0.30 per share/ADS). The ex-div date for this dividend distribution is on December 15, 2011 and the dividend will be payable on or about December 29, 2011 .
This seems like a much smaller dividend than annual dividends of the past. Is there any indication that they may have changed there payout structure to a quarterly system? If so, than it would $1.20 annually which is closer to what one message poster predicted it would be.