SM declares P5.119 billion cash dividends

The Board of Directors of SM Investments Corporation approved the declaration of cash dividend in the amount of Five Billion, One Hundred Nineteen Million, Four Hundred Seventy-Seven Thousand and One Hundred Eighty-Five Pesos (P5,119,477,185.00) during its regular Board meeting held on June 24, 2020, via remote communication.

It is equivalent to Four Pesos and Twenty-Five Centavos (P4.25) per share in favor of all stockholders of record as of July 9, 2020, payable on July 23, 2020.

This is equivalent to fifty percent (50%) of the 2019 net income of SM Investments Corporation,
the Parent Company.

-PSE Edge

Source: Peso Economics