Tag: Dividend

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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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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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