LT Group Inc., the flagship investment holding company of the Lucio Tan Group, said its board has approved regular and special dividends that will distribute to its shareholders a total P3.25 billion. On Friday, the board of LT Group approved the declaration of P0.15 regular cash dividend and P0.15 special dividend for shareholders on record as of March 21. The dividends will be paid not later than April 11.
The company’s outstanding shares total 10.83 billion.LT Group, previously known as Tanduay Holdings Inc., has a diversified investment portfolio that includes stakes in Tanduay Distillers, Asia Brewery; Fortune Tobacco, Philippine National Bank, Saturn Holdings Inc., Paramount Landequities Inc. and Eton Properties.
