PHStocks Dividend Roundup: PSB, TEL, SMDC, CDC, SM, MVC, LAND, SCC, BDO, BPI

Philippine Savings Bank (PSE: PSB)

The Board of Directors has declared a 7.5% regular cash dividend for the first quarter of 2013 amounting to PhP180.19 million, equivalent to PhP0.75 per share to all stockholders as of a record date to be fixed by the company upon approval by the Bangko Sentral ng Pilipinas (BSP).

Philippine Long Distance Telephone Co. (PLDT, PSE: TEL)

The Board of Directors has declared the following cash dividends out of the audited unrestricted retained earnings of the company as at 31 December 2012:

1. PhP1.00 per outstanding share of the company’s Series HH 10% Cumulative Convertible Preferred Stock issued in 2008, for the annual period ending 30 April 2013, payable on 31 May 2013 to the holder of record on 9 Mar 2013.
2. PhP1.00 per outstanding share of the company’s Series II 10% Cumulative Convertible Preferred Stock, for the annual period ending 30 April 2013, payable on 31 May 2013 to the holder of record on 9 Mar 2013.
3. Final dividend of PhP0.0027 per day per outstanding share of the company’s Series HH 10% Cumulative Convertible Preferred Stock issued in 2007 covering the period 21 April 2012 to 16 May 2013, payable on 16 May 2013 to the holders of record on 14 February 2013.

SM Development Corporation (PSE: SMDC)

The Board of Directors has declared a cash dividend of PhP0.053 to all stockholders of record as of 24 May 2013 payable on or before 20 June 2013.

Cityland Development Corporation (PSE: CDC)

The Board of Directors approved the declaration of 5% stock dividends to stockholders of record as of 4 July 2013, payable on 30 July 2013. The stock dividends will be taken from the unissued capital stock and shall be declared from the unappropriated retained earnings of the corporation. Fractional shares will be paid in cash out of retained earnings based on the par value.

SM Investments Corporation (SMIC, PSE: SM)

The Board of Directors has approved the declaration of cash dividends equivalent to 30% of the Corporation’s 2012 consolidated net income or P11.80 per share in favor of stockholders of record as of 24 May 2013 payable on or before 20 June 2013. The Board has also declared a 25% stock dividend based on the par value per share in favor of stockholders of record date to be fixed by the Securities and Exchange Commission upon approval of the Corporation’s increase in authorized capital stock.

Mabuhay Vinyl Corporation (PSE: MVC)

The Board of Directors has approved the declaration of cash dividend of PhP0.05 per share to all stockholders of record as of 24 May 2013, to be paid not later than 20 June 2013.

City & Land Developers Inc. (PSE: LAND)

The Board of Directors has approved the declaration of 20% stock dividends to all stockholders of record as of 11 July 2013, to be distributed on 6 August 2013.

Semirara Mining Corp. (PSE: SCC)

The Board of Directors has declared a cash dividend of PhP12.00 per share to all stockholders of record as of 17 May 2013, payable on 29 May 2013.

BDO Unibank Inc. (PSE: BDO)

The Board of Directors of BDO Unibank, Inc. (BDO) approved the following:

1. The declaration of cash dividends in the amount of PhP1.20 per common share in respect of the 2012 earnings. The record date and payment date will be set after approval by the Bangko Sentral ng Pilipinas of the dividends declared;

2. The declaration of a quarterly cash dividend of P0.30 per common share beginning the second quarter of 2013. In view of the above policy, the dividend declaration shall be as follows:

a. Second quarter 2013 (2Q13) – P0.30 per common share, record date and payment date to be announced;

b. Third quarter 2013 (3Q13) – P0.30 per common share, record date and payment date to be announced; and,

c. Fourth quarter 2013 (4Q13) – P0.30 per common share, record date and payment date to be announced.

Bank of the Philippine Islands (PSE: BPI)

The Board of Directors has declared a regular cash dividend of PhP0.90 per share for the first semester of the year on the total outstanding common shares of the capital stock of BPI, payable to all stockholders of record as of the 15^th day from the receipt by BPI of the approval by the Bangko Sentral ng Pilipinas (BSP) and distributable on the 15^th day from the said record date.