RFM Corp. CEO Jose Ma. Concepcion III disclosed that RFM's board has approved a P200 million cash dividend on Feb. 18, 2025, with record date as of Jan. 22, 2025.
Concepcion, who has also been buying shares in the market in 2024, said that RFM sees a better 2024 full year performance from its branded consumer and institutional businesses in both sales and income. Noting preliminary and unaudited figures, RFM said 2024 total revenues are on track to hit P22 billion while income is trending to grow double digit to the P1.4 billion to P1.5 billion range.
