RCBC to pay out P2.45B in dividends

By Brix Lelis

Mar 27, 2024 12:33 am

YUCHENGCO-LED Rizal Commercial Banking Corp. (RCBC) on Tuesday said it would reward its shareholders with regular cash dividends amounting to approximately P2.45 billion, payable on April 26.

The RCBC board, in a meeting on Monday, approved the declaration of cash dividends of P1.014 per share to holders of preferred and common shares as of April 12, to be sourced from unrestricted retained earnings as of December 2023.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Grab, MOVE IT distribute relief packages to 1,000 families

Metrobank 9-month net hits P35.7B

RCBC board approves hike in note program size to $4B

Meralco urges ERC to release decision

Globe sells 25 more telco towers to Unity

Banco de Oro profit grows 12.4% to P60B

PNB net jumps 12% to P15B in Jan.-Sept.