Century Properties Group, Inc. said it has enhanced its dividend policy to showcase the company’s improved financial performance, with regular dividend rate doubled to 20 percent of consolidation net income for common shares. Additionally, CPG has declared a 5 percent special cash dividend for 2025.
In all, CPG will distribute a total cash dividend of P610.6 million, paid in two tranches.
The regular dividend, representing 20 percent of 2024 net income or P0.042114 per share, has a record date of July 25 and payment on August 20. The special dividend, equivalent to 5 percent of net income or P0.010529 per share, has a record date of September 26 and payment on October 22.
President and CEO Marco R. Antonio emphasized the company’s commitment to stable shareholder returns. “This enhanced policy reflects our financial strength and long-term profitability, providing shareholders with a more predictable income stream,” he said.
CPG saw net income surged 32 percent to P2.44 billion in 2024, driven by a strategic shift to faster-turnover residential projects, improving revenue realization and capital efficiency. The company remains optimistic about the Philippine real estate sector, citing macroeconomic strength, consumer demand, and infrastructure investments.
Antonio highlighted CPG’s Twin Engine Strategy, targeting both affordable and premium markets, along with disciplined financial management and regional expansion plans to sustain growth.
With a focus on operational excellence and community impact, CPG aims to deliver consistent value and elevate Philippine real estate standards.
