Tag: cash dividend

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Rockwell declares 20% of 2024 profit as dividend

Rockwell Land Corp., the real estate arm of the Lopez Group, has declared a cash dividend equivalent to 20 percent of its 2024 net income. Shareholders on record as of August 7 will be entitled to the payout.

PBCom declares 1st dividend since 1997

Philippine Bank of Communications (PBCom) said its board has approved a cash dividend of P1.00 per share—its first dividend declaration since a stock dividend in September 1997—highlighting significant improvements in the bank’s financial position.

BankCom hikes dividend after record 2024 profit

Bank of Commerce (BankCom), an affiliate of San Miguel Corp., has approved a 79 percent increase in cash dividends for common shareholders, totaling P631.4 million, following its record P3-billion profit in 2024.

BDO declares P5.86B cash dividend, names new comptroller

BDO Unibank Inc., the Philippines’ largest lender by assets, said its board has approved the declaration of a regular cash dividend that total P5.86...

DM Wenceslao declares P322.6M cash dividend

D.M. Wenceslao & Associates, Inc. (DMW), a real estate developer with expertise in reclamation, said its board has declared cash dividends of P0.095 per share, totaling P322.6 million during its meeting on 13 March. This represents a 20 percent increase over last year’s payout. 

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Maynilad targets lower water losses through infrastructure investments

Maynilad Water Services Inc. aims to reduce its non-revenue water (NRW) to 27 percent by the end of 2026 as continued investments in pipe rehabilitation, smart water management and network upgrades improve efficiency while making the utility more resilient to drought.

Solane expands retail network with new Iloilo LPG showroom, terminal

Solane is expanding its retail footprint and strengthening its distribution network with the opening of a new Park N’ Order concept showroom and an integrated LPG terminal in Leganes, Iloilo, as the company invests in improving customer convenience and ensuring a more reliable supply of cooking gas in Western Visayas.

Visa, Mastercard launch Apple Pay in Philippines today

Visa and Mastercard have officially rolled out Apple Pay in the Philippines, giving eligible cardholders a new way to make contactless payments as digital wallets gain further traction in the country's shift toward a cash-lite economy.

President Marcos pushes ProGRESS bill to fund key programs

President Ferdinand R. Marcos Jr. is seeking the passage of the proposed ProGRESS bill within the year, with the measure expected to generate billions of pesos for priority government programs while avoiding broad-based tax increases on most Filipinos.

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