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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Bukidnon stakeholders launch concentrated pesticide drive vs destructive sugar pest

The Sugar Regulatory Administration (SRA) confirmed Bukidnon sugar farmers, millers and local officials carried out a one-week intensive spraying campaign to stop the red striped soft scale insect (RSSI), a pest that cuts sugar content by nearly half.

Satellite, AI to guide PH food security strategy

The Department of Agriculture (DA) and Philippine Statistics Authority (PSA) have strengthened their partnership to improve how agricultural data is gathered and used across the country.

ERC approves revised power plant reliability rules 

The Energy Regulatory Commission (ERC) has adopted updated regulations covering reliability performance indices and on permissible unplanned outage days for power generating units across the country.

Volatile global market drives mixed fuel adjustments this week

Local motorists face mixed price adjustments at the pumps this week as gasoline and diesel prices move in opposite directions.

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