This year’s total payout of P5.9 billion represents a 16 percent increase over the previous year and constitutes 27 percent of Chinabank's P22 billion net income from 2023.
The dividends yield a substantial return of 6 percent, based on the April 17, 2024, closing stock price of P36.75.
This commitment to shareholder returns is consistent with Chinabank’s strategy of rewarding investors while fostering the bank's ongoing growth.
Miguel R. Camus has been a reporter covering various domestic business topics since 2009.
