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RFM Corporation disclosed that its Board approved yesterday a Php300M cash dividend or P0.08903 per share payable on October 22, 2025, with record date as of October 1, 2025. This fourth dividend declaration for the year puts the total cash dividend for 2025 to P1 billion compared to the 2024 dividend payment of P1.3B. The listed food and beverage company (PSE: RFM) sells Selecta Milk, Fiesta and Royal Pasta, flour and buns as well as ice cream thru a joint venture in the country’s leading ice cream company selling Magnum, Cornetto and Selecta ice cream.
RFM said that it is on track for a better income performance for 2025 versus its full year income of P1.4B in 2024. CEO Joey Concepcion added that the balance sheet is very strong to support this level of cash dividends for 2025 and still have extra cash for any big capex or potential acquisition. At the share price of P4.27 on September 16, 2025, RFM’s 2025 dividend yield is 7%. Concepcion noted that the drivers of income for 2025 will remain to be the softer commodity prices as well as good volume growth in RFM’s brands and institutional segments, including the ice cream business. “The recent flooding and heavy rainfall this third quarter posed a challenge to our logistics but underlying demand seemed resilient. We expect this consumer demand to continue thru the fourth quarter helped by easing inflation.” |
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