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
7,166,070,764
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.
Cosco Capital, Inc.COSCO
PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C) Section 4.4 of the Revised Disclosure Rules
The Board of Directors of Cosco Capital Inc. announced a new dividend policy with at least 20% payout ratio of core net income of the previous year being returned to shareholders in the form of cash dividends.
The Board of Cosco also declared dividends totaling Php 1.41 billion or Php 0.197 per share payable on January 23, 2024, to shareholders of record at the close of business on January 2, 2024. This dividend represents a 3.6% year on year increase in annual cash dividends declared versus the previous year. While the current dividend yield amounts to around 4.38%.
Cosco has paid yearly dividends to its shareholders without interruption since its public offering in 2013.
Other Relevant Information
Please see attached SEC 17-C Report of the Company.