DDMP REIT Inc. has declared a higher cash dividend for its shareholders, backed by solid earnings growth and sustained leasing activity across its Bay Area office portfolio.
The company’s board approved a dividend of P431.82 million, or P0.024222 per share, payable on May 29 to shareholders on record as of May 19. The payout is higher than the P402.33 million declared in the same period last year, reflecting improved income generation.
The increased distribution follows a strong financial performance in 2025, with total revenues rising 20.48 percent to P4.52 billion from P3.75 billion a year earlier. Net income grew even faster, climbing 24.70 percent to P3.88 billion from P3.12 billion, reinforcing the REIT’s capacity to sustain and gradually grow shareholder returns.
The company’s income stream continues to be anchored on DoubleDragon Plaza, a key office complex within the Bay Area in Pasay City. Activity in the area has been further boosted by the full operations of the new Department of Foreign Affairs (DFA) Main Headquarters, located directly behind the property. The development is expected to increase foot traffic and business activity, strengthening the overall ecosystem of the DoubleDragon Meridian Park complex.
DDMP emphasized that its assets benefit from a “hard ownership” structure, with the REIT directly owning both land and buildings—unlike lease-based arrangements—providing shareholders with proportional stakes in prime, income-generating real estate.
The company also maintains a debt-free balance sheet, giving it flexibility to sustain dividends without pressure from rising borrowing costs. This conservative financial position, combined with steady occupancy, supports its ability to consistently distribute more than 90 percent of distributable income, as required under REIT rules.
While the office sector faces long-term shifts in demand, DDMP’s stable tenant base and strategic location within a growing commercial hub position it to maintain reliable cash flows. The latest dividend hike signals continued confidence in its earnings visibility and reinforces its appeal to income-focused investors.
