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)

Mar 25, 2024

2. SEC Identification Number

26986

3. BIR Tax Identification No.

000-846-618-000

4. Exact name of issuer as specified in its charter

D.M. WENCESLAO & ASSOCIATES, INCORPORATED

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

15th Floor, Aseana 3, D. Macapagal Blvd corner Asean Ave., Aseana City, Paranaque City Postal Code 1701

8. Issuer's telephone number, including area code

(632) 8854-5711

9. Former name or former address, if changed since last report

Not applicable

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	3,395,864,100

11. Indicate the item numbers reported herein

Not applicable

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.

D.M. Wenceslao & Associates, IncorporatedDMW

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
DMW Declares Record-High Cash Dividends
Background/Description of the Disclosure
Paranaque City, Philippines, March 25, 2024 - The Board of Directors of D.M. Wenceslao & Associates, Inc. (DMW) in a regular meeting held on March 18, 2024, declared cash dividends amounting to Php0.078971515 per share or a total of Php268,176,532.71. The cash dividends will be payable on April 25, 2024 to all stockholders on record as of April 12, 2024. This marks DMW's sixth consecutive annual cash dividend payout since publicly listing in 2018, and its highest thus far. DMW’s consistently growing earnings and its robust financial position enabled it to sustain continuous cash dividend growth while simultaneously executing on all its expansion initiatives.
Other Relevant Information
“2023 witnessed pivotal milestones for DMW, notably the opening our flagship mixed-use project Parqal, which now is enjoyed by tens of thousands of visitors every day,” said Mr. Delfin Angelo ‘Buds’ Wenceslao, Chief Executive Officer. “We remain steadfast in our commitment to improving shareholder value, recognizing with gratitude, the shareholders’ pivotal role in all our milestones and accolades. As we continue to propel our strategic expansion plans forward, we will simultaneously ensure consistent and growing dividends for our valued shareholders,” Mr. Wenceslao highlighted.