discovery holdings ltd (DSY) Snapshot

Discovery Limited announced the launch of The Vitality Institute. The Vitality Institute will use experience and evidence to show what works and what doesn't to help improve health, while helping to reduce the excess of two trillion dollars spent on health care. With its debut, The Vitality Institute is releasing data that reveals that Americans are, on average, five years older than their chronological age. This dangerous gap in the chronological age and their risk-adjusted age, or Vitality Age, underscores increasing concern about an aging population and the rising costs of health care in the U.S.

The directors of Discovery Limited have declared an interim gross cash dividend of 60 cents (51 cents net of dividend withholding tax) per ordinary share for the six month period ended 31 December 2012. The dividend has been declared from income reserves and no secondary tax on companies credits has been used. A dividend withholding tax of 15% will be applicable to all shareholders who are not exempt. Last day of trade receive a dividend is 14 March 2013. Shares commence trading ex dividend is 15 March 2013. Record date is 22 March 2013 and payment date is 25 March 2013.

Discovery Limited provided earnings guidance for the six months ended December 31, 2012. For the period, the company expects headline earnings per share will be between 15% and 25% higher than that of the corresponding reporting period of the previous year, while earnings per share will be between 10% and 20% higher than the corresponding period. Normalized headline earnings per share will be between 15% and 25% higher than that of the corresponding period.