Tag: cash dividend

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Alternergy declares first cash dividend for common shares

Alternergy Holdings Corp. has declared its first cash dividend for holders of common shares since its initial public offering in March 2023, highlighting the listed renewable energy company’s growth and financial stability.

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...

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SEC advances to next reform phase to ease startups, boost capital market access and liquidity

The Securities and Exchange Commission (SEC) on Monday unveiled the next phase of its reform agenda, introducing targeted measures to cut red tape, speed up business formation, lower costs, and strengthen liquidity and competitiveness across the Philippine capital market. The announcement comes as SEC chairman Francis E. Lim marks his first year in office.

Michelin sees strong growth opportunities in Philippines

French tire maker Michelin is seeing strong growth opportunities in the Philippines as evolving mobility patterns and more discerning consumers drive demand for safer, more innovative, and sustainable transport solutions.

Treasury bill yields rise ahead of BSP meeting

Treasury bill yields were mostly higher at Monday’s auction as investors appeared to price in the possibility of tighter monetary policy ahead of the Bangko Sentral ng Pilipinas’ interest rate-setting meeting later this week.

Roxas & Co. secures P1.93-B loan for recovery, deleveraging 

Roxas and Co. Inc. has secured a P1.93-billion term loan from China Banking Corp., a key step to strengthen its finances and support long-term growth, the company disclosed Monday. Proceeds will refinance existing debt across the parent firm and its subsidiaries and fund general operations, giving the group more financial room to advance its turnaround plan.

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