Changyou.com Limited announced that its board of directors has declared a special cash dividend of $4.70 per Class A ordinary or Class B ordinary share, or $9.40 per American depositary share, each of which represents two Class A ordinary shares. The aggregate amount of the special cash dividend will be approximately $500 million. Record holders of the company's ordinary shares at the close of business U.S. Eastern Time on April 20, 2018 (the 'Record Date') will be entitled to receive the special cash dividend. The company expects The Bank of New York Mellon, the depositary bank for Changyou's ADS program, to distribute dividends to holders of ADSs as of the record date on or about April 26, 2018. Ex-dividend date of April 27, 2018.