Tag: Dividend

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Filinvest Development stays focused on 5-year growth plan

Property Context.ph Context.ph -
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

Corporate Context.ph Context.ph -
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

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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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Telcos plan $500M domestic submarine cable network

Communications & Technology 0
The country’s three largest telecommunications companies are set to jointly invest around $500 million to build a nationwide domestic submarine cable network, the Department of Information and Communications Technology (DICT) has announced. DICT Secretary Henry Aguda confirmed that PLDT Inc., Globe Telecom, and Converge ICT Solutions Inc. will carry out the project, which will create a far-reaching undersea fiber optic system running from Batanes in the north, looping around Palawan, and linking islands throughout the Visayas and Mindanao.

Gov’t taps Japan nanotech experts in coconut research

Agriculture 0
The Philippine Coconut Authority (PCA) has formalized a partnership with Japan’s Mitsui to test advanced nanotechnology designed to boost coconut farming, moving forward with President Ferdinand R. Marcos Jr.’s goal of building a modern, technology-driven and sustainable agriculture sector that raises output and improves the lives of farmers.

Davao fres produce reaches Saudi Arabia shelves after Dubai trade fair success

Agriculture 0
Fresh agricultural goods from Davao Region have arrived in Saudi Arabia, marking a major commercial milestone that grew from talks held at an international trade exhibition in Dubai.

PCA, Mitsui team up to test nanotechnology for coconut farms

Agriculture 0
forward with President Ferdinand R. Marcos Jr.’s goal of building a modern, tech-driven and sustainable agriculture sector that lifts productivity and improves farmers’ lives.

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