Stay updated with the latest news about dividends, earnings, and corporate actions in the Philippine stock market.
Universal Robina Corporation's snack units have been officially dissolved by the SEC, following a strategic move to integrate operations into the parent company, which may streamline operations and enhance profitability.
Italpinas Development Corporation has secured over P100 million through a private placement deal, enhancing its financial capacity for upcoming real estate projects.
PacificLight Power, a joint venture between First Pacific and Meralco PowerGen, has submitted a bid to develop a 600 MW natural gas plant in Singapore, which could enhance its energy portfolio and profitability.
Alternergy Holdings Corp. has signed a lease agreement with the Philippine National Railways for a property in Quezon, which could enhance its operational capabilities and future project developments.
State-run corporations in the Philippines have remitted P95.90 billion in dividends to the national government in the first ten months of the year, indicating strong financial performance that may benefit future government funding and public services.
The Philippine peso closed near a record low while the PSEi rebounded, indicating mixed investor sentiment. Economic conditions may affect future dividend payouts across various sectors.
DigiPlus Interactive Corp. anticipates growth in gross gaming revenues for Q4 2024 following the launch of new games. This positive outlook could enhance profitability and dividend potential for investors.
NLEX Corp. reported a 22% increase in net income for the first nine months of 2024, driven by strong revenues and traffic growth. This performance may lead to increased dividends for shareholders.
Italpinas Development Corp. successfully raised P188 million through a private placement, which will support its expansion plans in real estate and tourism. This capital infusion could enhance shareholder value and future dividend distributions.
STI Education Systems Holdings, Inc. reported a significant surge in net income for its fiscal first quarter, driven by increased enrollment and cost management initiatives. This growth is likely to positively impact future dividend prospects for shareholders.
The Philippine peso closed near a record low, while the stock market rebounded, indicating mixed investor sentiment. This economic backdrop could influence dividend strategies as companies navigate currency fluctuations.
DigiPlus Interactive Corp. anticipates growth in gross gaming revenues for Q4 2024, following the launch of new games. This positive outlook could lead to improved financial performance and potential dividends for shareholders.
NLEX Corp. reported a 22% increase in net income for the first nine months of 2024, driven by strong revenues and traffic growth. This performance positions the company favorably for potential dividend increases as it continues to expand its operations.
Italpinas Development Corp. has successfully raised P188 million through a private placement of shares to strategic investor Benjamin Tan Co., which is expected to support the company's expansion plans. This capital infusion may enhance the company's ability to provide dividends in the future.
STI Education Systems Holdings, Inc. reported a significant increase in net income for its fiscal first quarter, driven by a rise in enrollment and improved operational efficiency. This growth indicates a strong potential for future dividends as the company continues to expand its market presence.
DigiPlus Interactive Corp. anticipates growth in gross gaming revenues for Q4 2024 following the introduction of new games. The company reported a 223% revenue increase in the first nine months of 2024 compared to the previous year.
NLEX Corp. has reported a 22% increase in net income for the first nine months of 2024, attributed to strong revenues and effective cost management. The company recorded P8.7 billion in net income, reflecting robust traffic growth.
Italpinas Development Corp. has successfully raised P188 million through a private placement, aimed at expanding its operations in the Philippines. This strategic investment is expected to enhance IDC's growth in real estate and tourism sectors.
Analysts project the Philippine Stock Exchange index to rebound to 8,000 by 2025, driven by expected policy rate cuts and improved consumer spending, which could positively impact dividend-paying stocks. This optimistic outlook suggests potential for higher shareholder returns.
Universal Robina Corp. received regulatory approval for the dissolution of its snack units, which will streamline operations and potentially enhance shareholder returns. The liquidation process included a significant distribution of liquidating dividends to URC.
Get the latest news and updates.
Sign up for our newsletter.
No spam ever. Unsubscribe at anytime.