PHStocks Pulse: DMC

PHStocks 15/04/201315/04/2013 1 Comment DMC, DMCI Holdings

One reason that I think DMCI Holdings Inc. (PSE: DMC), one of the leading construction companies in the Philippines, will gain further ground this week is that the company has announced a cash dividend of PhP1.20 per common share, and a special cash dividend of PhP1.00 per common share, to all stockholders of record as of 26 April 2013, payable on 10 May 2013.

During the last trading session, the company was one of the biggest gainers for the day – closing at PhP60.40, up by 5.78% from the previous session. It was also among the top five active stocks in terms of value.

Email me at Richard@phstocks.com