Filinvest Development Corp. (FDC) said three of its businesses have declared dividends.
EastWest Bank, FDC’s banking and financial services subsidiary, has declared a cash dividend of P0.40 per share, equivalent to a payout ratio of 20 percent. It will be payable on May 31, 2022 to all stockholders as of record date May 11, 2022.
Filinvest Land Inc. has announced a P0.047 per share cash dividend, representing a 30 percent payout.
This consists of regular cash dividends of P0.031 per share and special cash dividends of P0.016 per share for a total of P0.047 per common share. (A)Total cash dividends of P0.0004 per share was also declared for preferred shareholders. Both dividends for common and preferred shares will be paid on June 2, 2022 for stockholders on record as of May 11, 2022.
Filinvest REIT Corp. (FILRT) has declared a P0.116 per share cash dividend. It covers the real estate investment trust’s FILRT’s second quarterly cash dividend for the year and its fourth since its initial public offering (IPO) in August last year.
The amount is equivalent to an annualized yield of 6.6 percent or a quarterly yield of 1.65 percent which is in line with the annualized dividend yield forecast for 2022 in its REIT Plan based on its initial public offering (IPO) price of P7.00 per share.
The cash dividends will be payable on May 27, 2022 to stockholders on record as of May 6, 2022.
