9. Former name or former address, if changed since last report
N/A
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
13,277,470,000
PREFERRED
960
11. Indicate the item numbers reported herein
ITEM NO. 9
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.
DMCI Holdings, Inc.DMC
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 DMCI Holdings, Inc. (PSE: DMC) today approved a regular cash dividend of P0.46 per common share and a special cash dividend of P0.26 for its shareholders on record as of April 22, 2024.
This translates to a total dividend payout of P9.56 billion, which represents 39% percent of the company’s consolidated core net income in 2023.
DMCI Holdings has a dividend policy that commits to a dividend payout ratio of at least 25 percent of the preceding year's consolidated core net income.
Ex-dividend date is marked for April 19, 2024 while the dividend distribution has been set for May 3, 2024.
Based on its April 3 closing price of P12.28, DMC’s total dividend translates to a cash dividend yield of 5.9 percent.