The Gotianun family’s Filinvest Land Inc. (FLI) announced its highest dividends in a decade of P0.05 per share, marking a 32 percent payout ratio, after robust earnings in 2023.
During the annual stockholders' meeting, FLI also disclosed plans to launch P25 billion worth of residential projects in 2024, focusing on mid-rise buildings and landed housing to meet growing demand for housing.
FLI President and CEO Tristan Las Marias emphasized the company’s commitment to delivering value and sustainable returns through expansive real estate developments.
Miguel R. Camus has been a reporter covering various domestic business topics since 2009.
