Below are some of the recent dividend announcements compiled by PHStocks.
Cirtek Holdings Philippines Corporation (PSE: CHIPS): Following the results of the Special Stockholders’ Meeting held 1 March 2013, the shareholders approved and ratified the declaration of 20% Stock Dividends to stockholders of record as of 15 March 2013, payable on 5 April 2013.
Philippine Racing Club Inc. (PSE: PRC): The Corporation has declared a cash dividend of SIX CENTAVOS (PhP0.06) per share out of its unrestricted retained earnings to all stockholders of record as of 15 April 2013, with payment date on 10 May 2013.
Globe Telecom Inc. (PSE: GLO): The Board of Directors has approved the declaration of the first semi-annual cash dividend of PhP33.50 per common share payable on 12 March 2013 to shareholders on record as of 19 February 2013. On an annualized basis, the first semi-annual cash dividend payment of about PhP4.4 billion represents about 86% of 2012 core net income.
Manulife Financial Corporation (PSE: MFC): The Board of Directors announced a quarterly shareholders’ dividend of C$13 per common share, payable on or after 19 March 2013 to shareholders of record at the close of business on 20 February 2013. Canadian withholding tax in the amount of 15% will apply to dividends paid to shareholders resident in the United States and the Philippines, and 25% with respect to dividends paid to shareholders resident in Hong Kong.
Metropolitan Bank & Trust Company (Metrobank, PSE: MBT): The Bangko ng Sentral ng Pilipinas (BSP) has approved the 5% cash dividend declaration of the company. This translates to a cash dividend of PhP1.00 per share. Metrobank President Fabian S. Dee has accordingly set 8 March 2013 as the record date and 3 April 2013 as the payment date.
Philippine Savings Bank (PSE: PSB): The Bangko ng Sentral ng Pilipinas (BSP) has approved the 7.5% regular cash dividend declared by Philippine Savings Bank for the fourth quarter of 2012 amounting to PhP180.19 million, payable to all common stockholders. The President has fixed 5 March 2013 as the record date to determine common stakeholders entitled to the regular cash dividends equivalent to PhP0.75 per share. Payment date is on 20 March 2013.
Metro Pacific Investments Corporation (PSE: MPI): In light of the company’s strong performance in 2012, the Board of Directors has declared a final dividend of TWO CENTAVOS (PhP0.02) per share. This represents a 33% increase over the 2011 final dividend and brings the full-year dividend per share for 2012 to 3.20 centavos (PhP0.032). The record date for the final dividend is 18 March 2013. Payment date is 16 April 2013.