C00892-2024 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common Shares | 4,497,415,555 |
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Subject of the Disclosure |
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Approval by the Board of Directors of a regular cash dividend declaration |
Background/Description of the Disclosure |
The Board of Directors of Metropolitan Bank & Trust Company (Metrobank) approved the declaration of regular cash dividend payable on semi-annual basis. First payout to be paid to all stockholders as of March 08, 2024 (Record Date), with March 25, 2024 as the Payment Date and to authorize the President to change the dates as may be required by exigencies. |
Type of Securities
Date of Approval by Board of Directors | Feb 21, 2024 |
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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 | PhP 1.50 |
Record Date | Mar 8, 2024 |
Payment Date | Mar 25, 2024 |
Source of Dividend Payment |
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Unrestricted retained earnings as of 31 December 2023 |
Other Relevant Information |
Fixing of Record and Payment Dates of second payout of regular cash dividend to be determined during the Board’s Regular meeting in August 2024. (Please see attachment) |
Name | Janella Marie Panlilio-Amoranto |
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Designation | Assistant Corporate Secretary |