9. Former name or former address, if changed since last report
None
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class
Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common Shares
2,880,137,615
11. Indicate the item numbers reported herein
Other Matters
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
Puregold Price Club, Inc.PGOLD
PSE Disclosure Form 6-1 - Declaration of Cash Dividends References: SRC Rule 17 (SEC Form 17-C) and Sections 6 and 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Declaration of Cash Dividend
Background/Description of the Disclosure
The Board of Directors of Puregold Price Club, Inc. (the “Company”) declared a cash dividend in its regular meeting held today, December 11, 2023. The details are as follows:
Regular Cash Dividend: P0.97 per share Record Date: December 27, 2023 Payment Date: January 18, 2024 Total Pay-Out: P2.79 billion Pay-out Ratio: 30% Dividend Yield: 3.6%
The declared dividend is consistent with the Company’s dividend policy, which is an annual cash dividend payout ratio of at least 30% of consolidated core net income from the preceding year, subject to the requirements of applicable laws and regulations and the absence of circumstances that may restrict the payment of such dividends.
Type of Securities
Common
Preferred-
Others-
Cash Dividend
Date of Approval by Board of Directors
Dec 11, 2023
Other Relevant Regulatory Agency, if applicable
N/A
Date of Approval by Relevant Regulatory Agency, if applicable
N/A
Type (Regular or Special)
Regular
Amount of Cash Dividend Per Share
P0.97 per share
Record Date
Dec 27, 2023
Payment Date
Jan 18, 2024
Source of Dividend Payment
From the unrestricted retained earnings of the company as of December 31, 2022.
Other Relevant Information
Please see attached SEC 17-C Report of the Company.