Wednesday, 08 October 2025, 8:31 am

    Tag: Dividend

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    Chinabank hikes dividends, declares P6.7B payout

    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

    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

    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

    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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    TDK taps Aboitiz for Laguna solar power project

    Aboitiz Upgrade Solar Inc. (AUSI), a renewable energy affiliate of Aboitiz Power Corp., has partnered with electronics manufacturer TDK Philippines Corp. (TPC) to install a 5.65-megawatt-peak (MWp) rooftop solar PV system across two TPC facilities in Laguna.

    President Marcos names DOJ’s Remulla as Ombudsman

    President Ferdinand R. Marcos Jr. has appointed Secretary of Justice Jesus Crispin “Boying” Remulla as the new Ombudsman, succeeding former President Rodrigo Duterte-appointee Samuel R. Martires whose term ended in July. Remulla, who has served Justice Secretary since 2022, is known for pushing reforms to modernize the justice system and fight corruption. With decades of experience as a legislator and lawyer, he is expected to uphold transparency and accountability. The Marcos administration has reiterated its zero-tolerance of corruption. Ombudsman, the government’s primary graft buster, serves a single 7-year term and can only be removed through impeachment for offenses such as treason, bribery, graft and corruption, or betrayal of public trust.

    DA measures help shield poor from inflation

    Targeted efforts by the Department of Agriculture (DA) to manage the supply and pricing of key food items, particularly rice, sugar, and corn, are helping protect the poorest Filipino households from the brunt of inflation, even as overall consumer prices rise.

    Foreign currency reserves rise in September

    The country's gross international reserves (GIR) increased to US$108.8 billion in September, up from US$107.1 billion at the end of August this year.

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