Wednesday, 30 April 2025, 5:55 pm

    GMA Network declares P2.4B dividends despite profit decline

    GMA Network, Inc. has declared a cash dividend of P2.4 billion, or P0.50 per share, to be paid on 20 May 2025, to shareholders on record as of 29 April 2025. The payout exceeds the company’s 2024 net income of P2.07 billion, marking a bold move that signals confidence in the company’s financial resilience and future prospects.

    Despite a 35 percent year-on-year drop in net income—from P3.17 billion in 2023—and a 6 percent decline in total revenue to P17.56 billion, the dividend remains well-covered by GMA’s retained earnings. The company emphasized that the move is in line with its long-standing policy of delivering high shareholder returns and reflects its positive outlook for 2025.

    “This move underscores the confidence of GMA Network’s board and management in the company’s strong financial fundamentals and its positive outlook for 2025,” GMA said in a statement.

    Listed on the Philippine Stock Exchange since 2007, GMA has consistently paid out approximately 90 percent of its annual net income in dividends. The 2025 declaration reaffirms that commitment amid the company’s 75th anniversary year.

    GMA Network continues to dominate the Philippine broadcast landscape, operating 115 television and 21 radio stations nationwide. Nielsen data shows GMA’s combined platforms, including GTV and digital channels, reached 93 percent of the Philippine population in 2024—around 67 million viewers. The network also strengthened its digital presence, with 45.5 billion video views across social media platforms, per Tubular Labs.

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