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Chinabank (CBC) announced that a regular cash dividend of P1.50 per common share and an additional P1.00 per common share special dividend — P6.7 billion in total — have been declared by its Board of Directors, payable on May 22, 2025 to shareholders on record as of May 9, 2025. The higher regular cash dividend marks a 25% uptick from the P1.20 per common share paid in 2024. The total amount of cash dividends is 14% higher than in 2024, equivalent to a payout ratio of 27% and a cash dividend yield of 2.8% based on the bank’s closing stock price of P89.55 as of April 23, 2025.
Chinabank has a history of regular dividend payments, demonstrating its financial strength and commitment to maximizing shareholder value. Last year, the bank paid P5.9 billion in cash dividends: P1.20 per share regular cash dividend and an additional P1.00 per share special cash dividend. The bank’s net income in 2024 hit P24.8 billion, up 13%. With strong capitalization, profitability, and liquidity, Moody's Investors Service affirmed Chinabank's investment grade credit rating of "Baa2" with "Stable" outlook in April 2024. The fourth largest private universal bank in the Philippines, Chinabank is also a governance champion, winning for three straight years the Institute of Corporate Directors’ highest distinction, the Five-Golden Arrow Award. Chinabank opened for business on August 16, 1920 in Binondo, Manila, and is now one of the largest private universal banks in the Philippines. It provides a full range of banking products and services to corporate, commercial, and retail customers through 651 branches and 1,087 ATMs, including the 170 branches and 239 ATMs of its savings bank arm CBS. Chinabank also offers a wide range of allied financial services through its subsidiaries Chinabank Capital, Chinabank Securities, Chinabank Insurance Brokers, and affiliate MCBLife. |
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BLOGGER Hi, I'm Ralph Gregore Masalihit! An RFP Graduate (Registered Financial Planner Institute - Philippines). A Personal Finance Advocate. An I.T. by Profession. An Investor. Business Minded. An Introvert. A Photography Enthusiast. A Travel and Personal Finance Blogger (Lakbay Diwa and Kuripot Pinoy). Currently, I'm working my way toward time and financial freedom. Follow me on FACEBOOK x PLACE YOUR ADS HERE PLACE YOUR ADS HERE Categories
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