- Advertisement -
Filinvest Land Inc. has declared a P1.22 billion cash dividend for shareholders as of May 13, 2024.
The dividend amounts to P0.05 per share, representing a 32 percent dividend payout ratio.
The realtor said it is the highest payout ratio it had since 2014.
- Advertisement -
“This underscores our commitment to create value and generate sustainable returns for our shareholders as we drive growth and progress in the real estate sector,” said Tristan Las Marias, Filinvest Land chief executive officer.
Las Marias earlier said the company intends to launch P25 billion worth of residential projects in 2024, mostly mid-rise residential buildings and landed housing.
Author
- Advertisement -
