Metropolitan Bank & Trust Co., the lending unit of the Ty Group, said Wednesday its board has approved 5 September as the record date of shareholders entitled to a P1.50 per share cash dividend.
With outstanding shares totaling 4.49 billion, Metrobank’s cash dividend will total P6.75 billion.
It will be paid to shareholders on record on 20 September. Metrobank stocks will trade minus the dividend on 2 September.
The cash dividend is the second half of the P3.00 cash dividend previously declared by the bank on 21 February.
Metrobank ended 2023 with 954 branches and 2,326 automated teller machines onsite and offsite.
Its major subsidiaries include First Metro Investment Corp.; Philippine Savings Bank; Metrobank Card Corporation; and ORIX METRO Leasing and Finance Corp.
