DMW Declares Cash Dividends

The board of directors of D.M. Wenceslao & Associates Inc. (PSE: DMW) approved the declaration of cash dividends amounting to PhP120 million at PhP0.035337 per share of common stock for all stockholders of record as of March 4, 2019.

The payment date is on March 28, 2019.

The cash dividends shall be paid out of the unrestricted retained earnings of the company available for distribution as dividends as of December 31, 2018.

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