Tag: Dividend

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D&L Industries rides growth momentum strongly

D&L Industries continues to build on its post-pandemic growth trajectory, reporting a 10 percent year-on-year increase in net income for the first quarter of 2025 to P681 million, buoyed by improving returns from its new Batangas manufacturing facility.

Lower gold prices weighs down OceanaGold Philippines 1Q earnings

OceanaGold (Philippines) Inc. reported a sharp drop in earnings during the first quarter, weighed down by lower gold prices.

Filinvest Development stays focused on 5-year growth plan

Filinvest Development Corp. (FDC) is committed to its five-year growth strategy, which aims to more than double earnings from their 2023 levels by reshaping...

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.

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Excise tax, VAT suspension risks fiscal hole, Senate told

The Philippine government could forgo as much as P272.83 billion in revenues in 2026 if excise taxes and value-added tax (VAT) on fuel imports are suspended, according to estimates presented by the Bureau of Customs (BOC) during a Senate hearing on March 11.

SRA holds talks with sugar industry on programs supporting prices

The Sugar Regulatory Administration (SRA) met with local sugar producers, millers, and labor representatives this week to discuss ways to address current challenges in the sugar sector.

DA seeks more funds to expand fuel subsidies for farmers, fishers

The Department of Agriculture (DA) is exploring additional funding sources to provide fuel subsidies to more farmers and fisherfolk across the country.

PUV drivers to receive P5,000 fuel subsidy starting March 17

The Department of Transportation (DOTr) will begin distributing a P5,000 fuel subsidy to public utility vehicle (PUV) drivers in Metro Manila on March 17, 2026, as the government moves to ease the impact of rising oil prices linked to tensions in the Middle East.

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