Unionbank Declares Dividends
Pasig–(PHStocks)–The Board of Directors of Union Bank of the Philippines (PSE: UBP) has approved a cash dividend of PhP3.00 per share in favor of all shareholders of the bank, which shall be payable from the available retained earnings of the Bank as of December 31, 2011.
The total cash dividend is equivalent to the amount of PhP1,924,267,260.00, based on the Bank’s stockholdings of 641,422,420.