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Dividend History
A stock dividend was declared and approved by the stockholder during the annual meeting last 24 July 2012. The stock dividend corresponds to 15% of the outstanding capital stock of the Corporation of 346,642,966 shares or equivalent to 51,996,445 common shares. Also, cash dividend of ten centavos (Php 0.10) per share was declared and approved during the special board of directors meeting last July 24, 2012. Stockholders of record as of August 22, 2012 were entitled to said cash dividend and the corresponding cash payments were issued and paid to stockholders on payment date last September 14, 2012. Record date for entitlement to stock dividend was set by the Securities and Exchange Commission (SEC) on November 15, 2012 in connection with its approval of the Corporation’s application for increase in authorized capital stock from Four Hundred Million Pesos (Php 400,000,000.00) to Six Hundred Million Pesos (Php 600,000,000.00).
Key Figures
|
|
2012
|
2011
|
2010
|
|
Stock Dividend
|
15%
|
15%
|
5%
|
|
Total Stock Dividend Declared
|
51,996
|
45,214
|
14,354
|
|
Cash Dividend Per Share
|
0.10
|
0.10
|
0.05
|
|
Total Cash Dividend Paid (M Peso)
|
34,664
|
30,143
|
14,354
|
Historical Dividend
|
Year
|
Cash
|
Amount
|
Stock
|
No. of Shares
|
|
2012
|
0.10
|
34,664,297
|
15%
|
51,996,445
|
|
2011
|
0.10
|
30,142,867
|
15%
|
45,214,300
|
|
2010
|
0.05
|
14,353,746
|
5%
|
14,353,746
|
|
2009
|
-
|
-
|
10%
|
26,097,720
|
|
2008
|
-
|
-
|
10%
|
23,725,200
|
|