The Philippine peso strengthened to P55.84 against the dollar, its best close in over seven months, contributing to a rise in the Philippine Stock Exchange index. This positive sentiment is expected to benefit dividend-paying stocks.
GMA Network Inc. declared cash dividends of P2.4 billion, equivalent to P0.50 per share, despite a 35% drop in net income for 2024. The move reflects the company's commitment to shareholder value amidst financial challenges.
Aboitiz Equity Ventures experienced a 35% decline in consolidated net income for Q1 2025, raising concerns about future dividend payouts. The company attributed the drop to lower contributions from its power and financial services segments.
Find the latest bond rates for Philippine goverment bonds. Last updated on July 09 2024.
2024-07-09
| Tenor | Rate |
|---|---|
| 1M | 0.00% |
| 3M | 0.00% |
| 6M | 0.00% |
| 1Y | 0.00% |
| 2Y | 0.00% |
| 3Y | 0.00% |
| 4Y | 0.00% |
| 5Y | 0.00% |
| 7Y | 0.00% |
| 10Y | 0.00% |
| 20Y | 0.00% |
| 25Y | 0.00% |
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