Latest Market News

Stay updated with the latest news about dividends, earnings, and corporate actions in the Philippine stock market.

PhilWeb partners with Okada for online gaming platform

PhilWeb Corp. has partnered with Tiger Resort to launch 'Okada Play', a new online gaming platform. This partnership is expected to enhance revenue streams and shareholder returns through expanded digital offerings.

  • Partnership with Tiger Resort for online gaming.
  • Launch of 'Okada Play' platform.
  • Expected to strengthen digital presence and revenue.
Read more: business

Peso breaches P60:$1 amid geopolitical tensions

The Philippine peso has breached the P60:$1 mark, reflecting ongoing geopolitical tensions and economic uncertainties. This depreciation could impact dividend-paying companies by increasing costs and affecting profitability.

  • Peso closed at P60.1:$1, a record low.
  • Market sentiment affected by geopolitical tensions.
  • Potential implications for companies reliant on imports.
Read more: manilatimes
FDC

Filinvest Development reports 24% growth in net income

Filinvest Development Corp. reported a record net income of P15 billion in 2025, a 24% increase driven by strong performance in its banking, real estate, and power sectors. This growth positions the company favorably for potential future dividends.

  • Net income of P15 billion, up 24% from 2024.
  • Strong contributions from banking, real estate, and power sectors.
  • Consolidated net income reached P18.9 billion.
MREIT

MREIT secures SEC approval for P16.2B asset infusion

MREIT Inc. has received SEC approval for its P16.2 billion asset infusion, allowing it to acquire nine Grade A office buildings. This move is expected to enhance its portfolio and provide immediate income benefits to investors.

  • SEC approval for P16.2 billion asset infusion.
  • Acquisition of nine Grade A office buildings.
  • Assets will contribute to income retroactively from January 1.
Read more: bworldonline
DMW

D.M. Wenceslao approves record cash dividend

D.M. Wenceslao & Associates Inc. has declared a record cash dividend of P0.10 per share, marking its eighth consecutive year of dividend distribution. This reflects the company's commitment to providing consistent cash returns to shareholders while balancing expansion initiatives.

  • Dividend of P0.10 per share payable on April 28.
  • Total payout amounts to P339.59 million.
  • Eighth consecutive year of dividend distribution.
Read more: manilatimes
DMC

DMCI Holdings 2025 income drops 20%

DMCI Holdings reported a 20% decline in consolidated net income for 2025, attributed to weaker contributions from its energy segment and losses in its cement business. The company is expected to allocate P24.6 billion in capital expenditures for 2026, focusing on residential developments and power capacity expansions.

  • Consolidated net income for 2025 was P15.1 billion, down from P19.0 billion in 2024.
  • Semirara Mining and Power Corp. remains the largest earnings contributor despite a 33% decline in profits.
  • DMCI Homes is set to receive the largest share of the capital expenditure budget.
Read more: manilatimes

PSEi extends gains on bargain hunting; Peso up

The Philippine Stock Exchange index (PSEi) has gained for the second consecutive day, driven by investor bargain hunting and a strengthening peso. Despite positive market movements, foreign investors remain net sellers, indicating cautious sentiment amid global uncertainties.

  • The PSEi rose by 0.49% to close at 6,055.45 points.
  • Net value turnover was recorded at P5.20 billion, reflecting subdued trading activity.
  • The peso appreciated to P59.52 against the US dollar.
Read more: manilatimes
SM

SM Prime to open 8th Mindanao mall in Zamboanga City

SM Prime Holdings is set to open its newest mall in Zamboanga City, enhancing its presence in Mindanao with the addition of over 42,000 square meters of retail space. This expansion is expected to create jobs and support local enterprises, contributing to the region's economic growth.

  • The new mall will feature various amenities, including the tallest scenic elevator in Mindanao.
  • This marks SM Prime's 90th mall nationwide and its eighth in Mindanao.
  • The mall aims to serve as a key commercial hub, boosting local tourism.
UBP

UnionBank CEO becomes first female head of Bankers Association of the Philippines

Ana Maria Aboitiz-Delgado, CEO of Union Bank of the Philippines, has been elected as the first female president of the Bankers Association of the Philippines, marking a significant milestone in the organization's history. Her leadership is expected to enhance collaboration within the banking sector amid evolving challenges.

  • Aboitiz-Delgado will serve a one-year term covering 2026-2027.
  • Her election highlights the growing representation of women in leadership roles within the banking industry.
  • She aims to strengthen coordination among banks to address complex financial risks.
ROCK

Rockwell Land raises P10B from bonds to fund projects

Rockwell Land Corp. has successfully raised P10 billion from its latest bond issuance, which will be used to fund various capital expenditures, including ongoing construction projects. The bonds received a PRS Aaa rating, indicating high quality and minimal credit risk, reflecting strong investor confidence in the company's long-term outlook.

  • The bond issuance consists of three-year and five-year bonds with interest rates of 5.5666% and 5.8595%, respectively.
  • Investor demand was strong, with the order book oversubscribed five times the base offer.
  • Proceeds will fund developments including residential projects and commercial spaces.
SMPH

SM Prime to open 90th mall in Zamboanga City

SM Prime Holdings is set to open its 90th mall in the Philippines, located in Zamboanga City, which will enhance its presence in Mindanao and create job opportunities in the region.

  • New mall adds over 42,000 square meters of retail space.
  • Expected to boost local economic activity.
  • Features several first-in-city amenities.
Read more: manilatimes
UBP

UnionBank's CEO elected as first female president of BAP

Ana Maria Aboitiz-Delgado, president and CEO of UnionBank, has been elected as the first female president of the Bankers Association of the Philippines, highlighting a significant milestone in the banking sector's leadership.

  • First female president of BAP in nearly 80 years.
  • Aboitiz-Delgado emphasizes collaboration among banks.
  • Focus on addressing evolving risks in the financial sector.
Read more: manilatimes
ROCK

Rockwell Land completes P10-B bond issuance for expansion

Rockwell Land Corp. successfully raised P10 billion through a bond issuance to fund ongoing projects, marking its return to the domestic debt market after over a decade. The bonds received a PRS Aaa rating, indicating high credit quality.

  • P10 billion raised from fixed-rate bonds.
  • Bonds rated PRS Aaa with a stable outlook.
  • Proceeds will fund capital expenditures for various projects.
Read more: manilatimes
DMC

DMCI Holdings reports income drop, maintains dividend policy

DMCI Holdings, Inc. reported a 20% decline in consolidated net income for 2025 but plans to maintain its dividend policy. The company's diversified operations continue to provide resilience despite challenges in its energy and cement segments.

  • Consolidated net income dropped to P15.1 billion.
  • Largest earnings contributor was Semirara Mining at P7.3 billion.
  • DMCI expects to maintain its dividend despite income decline.
Read more: manilatimes

DigiPlus announces cash dividend despite flat earnings

DigiPlus Interactive Corp. declared a cash dividend of P0.83 per share, totaling P3.8 billion, despite reporting flat earnings for 2025. This decision reflects the company's commitment to returning value to shareholders amid regulatory challenges.

  • Cash dividend of P0.83 per share, totaling P3.8 billion.
  • Earnings for 2025 remained flat at P12.6 billion.
  • Dividend payable on or before April 15, 2026.
Read more: manilatimes
CREIT

CREIT Maintains Aa+ Rating with Stable Outlook

Citicore Energy REIT Corp. has retained its PRS Aa+ issuer credit rating for the sixth consecutive year, indicating strong financial health. This stability is crucial for investors assessing the company's dividend potential.

  • Retained PRS Aa+ issuer credit rating from PhilRatings.
  • Stable outlook maintained for the sixth year.
  • Rating applies to P4.5-billion ASEAN green bonds.
Read more: bworldonline

SMGP Receives SEC Approval for P30-B Bond Offering

San Miguel Global Power Holdings Corp. has received SEC approval for a bond offering of up to P30 billion, which will support its financing needs. This move is significant for investors looking for stable returns in the energy sector.

  • SEC approved bond offering of up to P30 billion.
  • Registration covers P20 billion in fixed-rate bonds.
  • Oversubscription option available to attract more investors.
Read more: bworldonline
MBT

Metrobank Launches P5-B Sustainability Bond Sale

Metrobank is set to raise at least P5 billion through the issuance of sustainability bonds, aimed at diversifying funding sources and supporting green projects. This move aligns with the bank's sustainability goals, potentially enhancing its financial stability.

  • Sustainability bond sale aims to raise at least P5 billion.
  • Bonds carry a fixed interest rate of 5.4727% per annum.
  • Proceeds will support green and social projects.
Read more: bworldonline
DMC

DMCI Increases Capital Expenditure to P24.6B

DMCI Holdings, Inc. has raised its capital expenditure budget to P24.6 billion for 2026, focusing on residential construction and power capacity expansion. This increase reflects the company's commitment to growth, which may impact future dividends.

  • Capital expenditure raised by 11% from P22.2 billion.
  • 65% of the budget allocated to property unit.
  • Investment aimed at supporting residential construction and power expansion.
Read more: bworldonline

DigiPlus Declares Cash Dividend Amid Flat Earnings

DigiPlus Interactive Corp. announced a cash dividend of P0.83 per share, totaling P3.8 billion, despite a flat net income of P12.6 billion for 2025. This dividend represents 30% of the company's net income, making it relevant for shareholders seeking returns.

  • Cash dividend of P0.83 per share declared.
  • Total cash dividend amounts to P3.8 billion.
  • Dividend payable on or before April 15, 2026.

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