Emperador declares P4.7B cash dividend

The company said the dividend will be payable to shareholders as of May 2, 2023 and will be paid on May 25, 2023.

“This is the first dividend declaration of the company after completing a secondary listing on the Singapore Exchange Securities Trading Limited (SGX-ST). Emperador stockholders whose shares are held through Central Depository (Pte) Ltd. (CDP) will receive their dividends through CDP in Singapore dollars,” the company said.

Winston Co, Emperador president, said the cash dividend declaration “is indicative of the inherent financial resilience of the company despite headwinds brought by high inflation and global supply chain challenges.”

“In addition, this is a testament to our commitment to enhancing shareholder value and reward shareholders for their ownership of Emperador,” Co said.

“This dividend payout in Singapore dollars is another milestone for our company. As a global conglomerate with broad investor reach, we are happy to provide international investors the option to receive dividends in Singapore dollars,” Co added.