 DMCI Holdings, Inc. (DMC) has declared a P0.60 per share in total cash dividends, amounting to total payout of P7.97 billion, following board approval in a special meeting held on March 25, 2025. The declared amount includes a regular dividend of P0.35 and a special dividend of P0.25, to be sourced from unappropriated retained earnings as of March 24, 2025.
The dividend payout is equivalent to 42% of DMC’s 2024 core net income of P18.8B, well above the dividend policy of distributing at least 25% of the previous year’s core earnings. Shareholders on record as of April 10, 2025 will be entitled to receive the cash dividends. The ex-dividend date is April 8, while payment is scheduled for April 24. At DMC’s closing price of P11.50 on March 24, the total declared dividends translate to a dividend yield of 5.2%. |
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