On May 22, 2017, Gazit Globe Ltd.'s Board of Directors approved a quarterly dividend distribution to the holders of the company's ordinary shares, in an amount of ILS 0.35 per share, for a total amount of approximately ILS 68.4 million, pursuant to the Company's current dividend distribution policy. The dividend will be payable on July 3, 2017, to all shareholders of record of the Company's ordinary shares as of June 20, 2017.