C08729-2023

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)
Dec 15, 2023
2. SEC Identification Number
147669
3. BIR Tax Identification No.
000-432-378
4. Exact name of issuer as specified in its charter
Cosco Capital, Inc.
5. Province, country or other jurisdiction of incorporation
Manila, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
No. 900 Romualdez St., Paco, Manila Postal Code 1007
8. Issuer's telephone number, including area code
09178612459
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

Subject of the Disclosure

Press Release entitled "Cosco declares 20% Cash Dividends payout amounting to Php 0.197/share"

Background/Description of the Disclosure

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.

Filed on behalf by:
Name Candy Dacanay-Datuon
Designation Assistant Corporate Secretary / Compliance Officer