Latest Market News

Stay updated with the latest news about dividends, earnings, and corporate actions in the Philippine stock market.

CEB

Cebu Pacific to lease aircraft to Saudi carrier Flyadeal

Cebu Pacific has announced a lease agreement to provide two Airbus A320 jets to Saudi budget airline Flyadeal. This strategic partnership is expected to generate additional revenue, which could positively influence the airline's financial performance and potential dividends.

  • Cebu Pacific will lease two Airbus A320 jets to Flyadeal.
  • The lease aims to maximize capacity utilization during lean months.
  • This partnership could enhance Cebu Pacific's revenue streams.
Read more: bworldonline
services
AEV

Ayala Corp. secures SEC nod for P20-billion share offer

Ayala Corporation has received approval from the Securities and Exchange Commission for a preferred share offering of up to P20 billion. This capital-raising effort could enhance the company's financial flexibility and support future dividend payments.

  • Ayala Corp. secured SEC approval for a P20 billion share offering.
  • The offering consists of the re-issuance of preferred shares.
  • Proceeds will be used for general corporate purposes.
Read more: bworldonline
holding firms

Maynilad finalizing IPO terms – Pangilinan

Maynilad Water Services Inc. is in the final stages of preparing for an initial public offering (IPO) that could occur in the third quarter of 2025. This IPO is significant as it may allow investors to gain access to shares in a major utility provider, potentially impacting future dividends.

  • Maynilad is finalizing terms for a P45.78 billion IPO.
  • The IPO is expected to launch in the third quarter of 2025.
  • This move is part of Maynilad's strategy to comply with regulatory requirements.
Read more: manilatimes
services
BPI

Moody's affirms BPI, Metrobank, BDO ratings

Moody's has reaffirmed the investment-grade ratings of Bank of the Philippine Islands (BPI), BDO Unibank, and Metrobank, highlighting their strong capital positions and profitability. This stability in ratings can impact investor confidence and potential dividends for shareholders.

  • BPI, BDO, and Metrobank retained their investment-grade ratings.
  • The affirmation reflects strong capital positions and profitability.
  • Stable ratings may enhance investor confidence in these banks.
Read more: manilatimes
BDOMBTfinancials
PRIM

PEZA announces P1.39B dividend payout

The Philippine Economic Zone Authority (PEZA) has declared a dividend payout of P1.39 billion from its profits in 2024, marking a significant contribution to the government. This announcement is relevant for investors looking at government-linked entities and their dividend potential.

  • PEZA contributed P1.39 billion in dividends for 2024.
  • This is part of PEZA's ongoing commitment to support government finances.
  • The dividend payout reflects PEZA's profitability and operational success.
Read more: gmanetwork
holding firms

Maynilad finalizes IPO terms amid market conditions

Maynilad Water Services Inc. is finalizing terms for its upcoming IPO, aiming to raise P45.78 billion. This IPO is significant as it could enhance the company's capital base and potentially lead to improved shareholder returns through dividends in the future.

  • Maynilad is finalizing terms for an IPO aiming to raise P45.78 billion.
  • The IPO is expected to enhance the company's capital base.
  • Successful IPO could lead to improved shareholder returns.
Read more: manilatimes
services
CEB

Cebu Pacific enters jet leasing business with Flyadeal

Cebu Pacific has signed a wet-lease agreement to provide two Airbus A320 jets to Saudi's Flyadeal, marking its entry into the jet leasing market. This strategic move is expected to generate additional revenue streams, which could enhance the airline's financial standing and potential for future dividends.

  • Cebu Pacific will lease two Airbus A320 jets to Flyadeal.
  • The wet-lease agreement is a strategic move to utilize excess capacity.
  • This venture could provide additional revenue, supporting future dividends.
Read more: manilatimes
services
BPI

Moody's affirms ratings for BPI, Metrobank, and BDO

Moody's has affirmed the investment-grade ratings for Bank of the Philippine Islands (BPI), BDO Unibank, and Metrobank, highlighting their strong capital positions and profitability. This stability is crucial for dividend investors as it reflects the banks' ability to maintain shareholder returns amid economic challenges.

  • Moody's affirmed BPI, BDO, and Metrobank's investment-grade ratings.
  • The ratings reflect strong capital positions and profitability amid risks.
  • Stable ratings support the banks' capacity to provide dividends.
Read more: manilatimes
BDOMBTfinancials
AEV

Ayala's P20-B preferred share offering gets SEC approval

Ayala Corporation has received approval from the Securities and Exchange Commission (SEC) for its planned issuance of up to P20 billion in preferred shares, aimed at repaying loans and funding future projects. This move is expected to enhance Ayala's financial flexibility and potentially improve shareholder returns.

  • The SEC approved Ayala's preferred share offering worth up to P20 billion.
  • Proceeds will be used to repay short-term loans and fund capital expenditures.
  • The offering is expected to be listed on the Philippine Stock Exchange on June 18.
Read more: manilatimes
holding firms

PEZA announces P1.39B dividend payout

The Philippine Economic Zone Authority (PEZA) has declared a dividend payout of P1.39 billion from its profits in 2024, marking a consistent contribution to the government. This announcement is significant for investors as it reflects the agency's financial health and commitment to shareholder returns.

  • PEZA's dividend payout of P1.39 billion contributes to government revenues.
  • This marks a back-to-back billion-peso contribution from PEZA.
  • The payout is indicative of PEZA's strong financial performance.
Read more: gmanetwork
services
UBP

UnionBank redeems P6.8 billion in Tier 2 notes

Union Bank of the Philippines has completed the early redemption of P6.8 billion in Tier 2 notes, a strategic move to manage its capital structure effectively. This action is significant for shareholders as it reflects the bank's financial health and commitment to optimizing its funding.

  • The redemption of Tier 2 notes enhances UnionBank's capital position.
  • This move demonstrates proactive management of the bank's funding.
  • Shareholders may view this as a positive indicator of the bank's financial strategy.
Read more: bworldonline
financials
KPH

Maynilad finalizes IPO terms

Maynilad Water Services Inc. is finalizing the terms for its upcoming initial public offering (IPO), which is expected to raise significant capital for its expansion plans. This move is crucial for investors looking for opportunities in the water services sector.

  • Maynilad's IPO is projected to raise up to P45.78 billion.
  • The offer period is set for July 3 to 9, with listing on July 17.
  • This IPO is anticipated to be one of the largest in the Philippines.
Read more: manilatimes
holding firms
KPH

PPA eyes higher remittance this year

The Philippine Ports Authority aims to increase its dividend remittance in 2025, following a strong performance in 2024. This increase in remittance reflects the agency's commitment to contributing to national development and enhancing shareholder returns.

  • PPA contributed P5.20 billion to the national treasury in 2025.
  • This marks a consistent growth in remittances over the years.
  • PPA's strong financial performance supports its dividend policy.
Read more: manilatimes
holding firms
BDO

Moody's affirms ratings of BDO, Metrobank, BPI

Moody's has affirmed the long- and short-term deposit ratings of the Philippines' three largest banks, BDO, Metrobank, and BPI, indicating strong capital positions and stable outlooks. This affirmation is significant for investors as it reflects the banks' resilience amid economic challenges.

  • All three banks retained their Baa2/P-2 ratings, aligned with the sovereign rating.
  • The affirmation highlights strong capital positions and profitability.
  • The ratings are crucial for maintaining investor confidence.
Read more: bworldonline
MBTBPIfinancials
KPH

Landbank declares record-high P33.53-B cash dividends

State-run Land Bank of the Philippines has declared a record-high cash dividend of P33.53 billion to the national government, reinforcing its position as a top contributor among government-owned corporations. This significant remittance is expected to enhance the government's fiscal resources for development projects.

  • Landbank's cash dividend remittance is the highest in its history.
  • This marks the second consecutive year Landbank has been the top contributor among GOCCs.
  • The dividend will support the national government's budgetary needs.
Read more: gmanetwork
holding firms
CEB

Air passenger volume rises, indicating economic recovery

The Civil Aeronautics Board reported a 10.9% increase in air passenger volume in Q1 2025, driven by domestic traffic growth. This rise suggests a recovering economy, which could positively influence the travel and tourism sectors' dividend potential.

  • Domestic passenger traffic increased by 14.38% year-on-year.
  • Cebu Pacific accounted for a significant share of the passenger volume.
  • The growth in air travel is a positive indicator for the tourism sector.
Read more: bworldonline
services
PA

Maynilad finalizes IPO terms amid market conditions

Maynilad Water Services Inc. is finalizing its initial public offering (IPO) terms, with plans to offer up to P45.78 billion in shares. This IPO is significant as it may impact shareholder returns and the company's future dividend policies.

  • Maynilad plans to offer up to 2.29 billion common shares at a maximum price of P20 each.
  • The IPO is expected to take place in July 2025.
  • This move is part of the company's strategy to enhance its capital structure.
Read more: manilatimes
holding firms
PA

Landbank declares record-high cash dividends

Land Bank of the Philippines announced a record-high cash dividend remittance of P33.53 billion to the national government, reinforcing its position as a leading contributor among government-owned corporations. This significant payout reflects the bank's robust financial performance.

  • Landbank's cash dividends are the highest recorded for the institution.
  • The bank has consistently been a top contributor to the national treasury.
  • This remittance supports government funding and initiatives.
Read more: gmanetwork
holding firms
BPI

Moody's affirms ratings for major Philippine banks

Moody's has affirmed the investment-grade ratings of Bank of the Philippine Islands (BPI), BDO Unibank, and Metrobank, highlighting their strong capital positions and profitability. These ratings are crucial for maintaining investor confidence and potential dividend payouts.

  • BPI's problem loan ratio remains stable at 3.1%, while Metrobank's NPL ratio is at 1.6%.
  • Moody's expects profitability for these banks to remain stable despite potential pressures.
  • The affirmation reflects the banks' strong capital and liquidity positions.
Read more: manilatimes
BDOMBTfinancials
PA

PPA aims for higher dividend remittance in 2025

The Philippine Ports Authority (PPA) plans to increase its dividend remittance to the national government, building on its strong performance as a government-owned corporation. In 2024, PPA's net income rose significantly, allowing for a projected P5.20 billion contribution in 2025.

  • PPA's net income for Q1 2025 reached P3.88 billion, up from P1.73 billion in the same period last year.
  • The agency aims to increase its dividend remittance from P5.06 billion in 2023.
  • PPA ranked fourth among government-owned corporations in dividend contributions.
Read more: manilatimes
holding firms

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