

NOTE 3.	DIVIDENDS

During the six months ended June 30, 2015, the Board of Directors of Cablevision declared and paid the following cash dividends to stockholders of record on both its Cablevision NY Group ("CNYG") Class A common stock and CNYG Class B common stock:



Declaration Date	Dividend Per Share	Record Date	Payment Date
February 24, 2015	$0.15	March 16, 2015	April 3, 2015
May 1, 2015	$0.15	May 22, 2015	June 12, 2015

Cablevision paid dividends aggregating $84,669, including accrued dividends on vested restricted shares of $3,935 during the six months ended June 30, 2015. In addition, as of June 30, 2015, up to approximately $6,828 will be paid when, and if, restricted shares and performance based restricted stock units vest.

During the six months ended June 30, 2015, CSC Holdings made cash equity distribution payments to Cablevision aggregating $214,135. These distribution payments were funded from cash on hand. The proceeds were used to fund:


•	Cablevision's dividends;


•	Cablevision's interest payments on its senior notes; and


•	Cablevision's payments for the acquisition of treasury shares related to statutory minimum tax withholding obligations upon the vesting of certain restricted shares.