This was equivalent to a yield of 9 percent before the announcement. Shares of Philippine Seven jumped nearly 7 percent to P93 per share.
The dividends will be paid on June 4, 2024 to shareholders of record on May 16 this year.
It closed the past year with a 69 percent net income increase to P3.5 billion. Systemwide sales in 2023 rose 24.5 percent to P82.15 billion.
Miguel R. Camus has been a reporter covering various domestic business topics since 2009.
