Sys' Chinabank boosts shareholder returns with P6.7-B payout amid record profits

April 24, 2025
4:16PM PHT

The Sy family’s China Banking Corp. is ramping up shareholder returns after declaring a P6.7 billion total cash dividend on the back of record 2024 earnings.

The board approved a regular dividend of P1.50 per share, up 25 percent from last year, plus a P1.00 special dividend, both payable on May 22 to shareholders on record by May 9. 

This year’s payout is 14 percent higher than in 2024 and reflects a dividend yield of 2.8 percent, based on the April 23 closing price of P89.55. 

The move follows a strong 13 percent profit increase, with net income rising to P24.8 billion. 

Reinforcing investor confidence, Moody’s affirmed Chinabank’s investment-grade credit rating of “Baa2” with a “Stable” outlook in April.  

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