The liquor giant, part of the Tan family-led conglomerate Alliance Global Group, said the board of directors declared a cash dividend payout of P0.19 per share.
These will be paid out to stockholders on record as of Jan. 30, 2025, using available retained earnings as of Dec. 31, 2024.
Emperador, renowned for its Emperador brandy and Dalmore Scotch whisky, faced income challenges in 2024 as rising prices pressured demand and weighed on earnings.
Net income during the first nine months of 2024 dropped 29 percent to P4.9 billion, while revenue slumped 8 percent to P43.2 billion.
Miguel R. Camus has been a reporter covering various domestic business topics since 2009.
