Level 1 PRIMARY CGS SECTIONS
A.1.1

Does the company pay (interim and final/annual) dividends in an equitable and timely manner; that is, all shareholders are treated equally and paid within 30 days after being (i) declared for interim dividends and (ii) approved by shareholders at general meetings for final dividends?

Response

YES. The Company declared cash dividends on May 11, 2016.  Record date is on May 27, 2016 and payment will be on June 10, 20165 (which is within 30 days from declaration date).  

The Company is committed to a strong dividend policy.  For 2016, our dividend payout ratio is 62%, which exceeds our dividend policy of 25%  of the preceding year’s Consolidated Core Net Income. 

 

References:

1. Website 

2. Company Disclosures/Dividend Notice

3. Investor Relations/Dividends

4. Corporate Governance/Company Policies/Dividend Policy

5. PSE EDGE Disclosure/Declaration of Cash Dividends  (posted on May 11, 2016)

 

Office of the Chief Compliance Officer
Tel. (632) 888 3000
Fax. (632) 816 7362
Email: dmcihicorpgov@gmail.com