Tag: Dividend

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Cosco declares P2.79B cash dividends

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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

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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

Corporate Context.ph Context.ph -
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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Hotel101 Davao set to anchor Mindanao growth

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Hotel101-Davao is set to begin operations on July 30, 2026, marking its entry into Mindanao as the largest hotel in the region with 519 rooms, DoubleDragon Corp. said.

PLDT eyes P24.2B from IPO of VITRO REIT 

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PLDT Inc. is moving to unlock value from its...

BOC tightens grip on abandoned perishables cargo

Trade & Investments 0
The Bureau of Customs is stepping up enforcement against abandoned and aging perishable shipments, warning importers that and consignees to immediately settle duties, complete requirements, and withdraw cargo or face delinquency proceedings.

Hormuz risk keeps peso, PSEi on edge

Markets 0
Philippine financial markets are heading into the week on a cautious footing as renewed threats by Iran to potentially close the Strait of Hormuz inject fresh volatility into global oil supply expectations and inflation outlooks, according to Rizal Commercial Banking Corp. chief economist Michael Ricafort.

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