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Metro Retail to issue P520-M cash dividends

GAISANO-LED Metro Retail Stores Group Inc. (MRSGI) on Tuesday said that it would reward all eligible shareholders with cash dividends amounting to approximately P519.7 million on May 7.

The firm's board greenlit the declaration of regular cash dividends of 6 centavos per share, for a total of P194.9 million, and special cash dividends of 10 centavos per share, totaling P324.8 million, MRSGI told the stock exchange.