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Tuesday, 24 June 2025, 10:41 pm

    Tag: Dividend

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    Chinabank hikes dividends, declares P6.7B payout

    Corporate Context.ph Context.ph -
    China Banking Corp., a banking affiliate of the Sy Group, said its board has approved a total cash dividend payout of P6.7 billion, reflecting the bank’s strong financial performance and commitment to rewarding shareholders.

    Cosco declares P2.79B cash dividends

    Corporate Context.ph Context.ph -
    Cosco Capital Inc., the listed retail holding firm of billionaire Lucio Co, announced on Monday the declaration of regular and special cash dividends totaling P2.79 billion, following a strong earnings performance in 2024.

    Dividend payout in 2024 weighs down Dominion earnings

    Corporate Context.ph Context.ph -
    Dominion Holdings Inc., formerly BDO Leasing and Finance Inc., reported net earnings of P202 million last year, a 27 percent drop from P277 million posted in 2023, due mainly to a reduced  investment base following a substantial cash dividend payout of P3.2 billion in May 2024.

    Puregold posts 21% growth in net profit; declares P5.2B dividend

    Corporate Context.ph Context.ph -
    Puregold Price Club Inc., a listed operator of various retail and wholesale formats, reported a 21 percent increase in consolidated net income to P10.4 billion in 2024, up from P8.6 billion in 2023, driven by strong revenue growth and improved gross margins at its S&R Warehouse business.

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    Solar group seeks GEA overhaul

    Energy 0
    The Philippine Solar and Storage Energy Alliance (PSSEA) on Tuesday expressed strong optimism over the appointment of DOE officer-in-charge Sharon Garin, citing her familiarity with the agency’s operations and stakeholders as a reassuring move for renewable energy investors. PSSEA Chair Theresa Cruz-Capellan lauded the continuity in leadership, emphasizing the need for predictable policy and regulatory environments.

    MGen strikes blended power deal with EvoEnergi

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    Meralco PowerGen Corp. (MGen), the generation arm of Manila Electric Co. (Meralco), has inked two power supply agreements (PSAs) with retail electricity supplier EvoEnergi Inc., covering enough energy to serve approximately 62,000 households.

    Pump prices set to rise despite crude softening

    Energy 0
    Domestic oil players remain in a “wait and see” mode as geopolitical tensions, particularly between Israel and Iran, continue to inject uncertainty into global fuel markets.

    First 116KM Community Run in the Philippines Logs 3.5 Million Steps

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    The Move for Play: Infinity 116KM Run, the Philippines’ first open-road ultra-endurance community run, recorded more than 3.5 million steps and over 2,500 kilometers collectively covered by participants. Organized by non-profit organization FundLife, the event took place from June 14 to 15 and brought runners from Clark to Makati in support of safe, inclusive, and accessible play spaces for children in underserved areas.

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    Context.ph is a business news and features website based in the Philippines. Our goal is to provide readers easily digestible articles to help people better understand the news and make informed decisions.

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    Globe extends roaming support for customers in Israel and Iran

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    In response to ongoing unrest in Israel and Iran, Globe Telecom has rolled out enhanced roaming support to ensure its customers abroad stay connected during the crisis.
    Energy

    Solar group seeks GEA overhaul

    0
    The Philippine Solar and Storage Energy Alliance (PSSEA) on Tuesday expressed strong optimism over the appointment of DOE officer-in-charge Sharon Garin, citing her familiarity with the agency’s operations and stakeholders as a reassuring move for renewable energy investors. PSSEA Chair Theresa Cruz-Capellan lauded the continuity in leadership, emphasizing the need for predictable policy and regulatory environments.
    Corporate Bulletins

    MGen strikes blended power deal with EvoEnergi

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    Meralco PowerGen Corp. (MGen), the generation arm of Manila Electric Co. (Meralco), has inked two power supply agreements (PSAs) with retail electricity supplier EvoEnergi Inc., covering enough energy to serve approximately 62,000 households.
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