Tag: Dividend

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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.

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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PH seeks fertilizer supply deal with ASEAN, studies local plant amid price surge

The Department of Agriculture (DA) said it is taking steps to secure a stable fertilizer supply as prices continue to rise.

AG&P eyes Albay ecozone in expansion push

The Philippine Economic Zone Authority is stepping up efforts to draw manufacturing investments in traditional hubs, pitching a proposed ecozone in Albay as a potential expansion site for Atlantic, Gulf & Pacific Co.

Aboitiz unit buys aquaculture R&D facility in Singapore

Aboitiz Foods unit Gold Coin Management Holdings Pte. Ltd., has acquired an aquaculture research and development facility in Singapore from Adisseo Asia Pacific Pte. Ltd..

PXP unit secures DOE approval for SC 91

PXP Energy Corp. said its indirect subsidiary has secured the formal effectivity of a new petroleum contract covering a prospective offshore block in Palawan, marking a step forward in its upstream portfolio.

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