PLDT Inc. Declares PHP 13.7B Cash Dividend
Ticker: PHTCF · Form: 6-K · Filed: Jun 11, 2024 · CIK: 78150
| Field | Detail |
|---|---|
| Company | Pldt Inc. (PHTCF) |
| Form Type | 6-K |
| Filed Date | Jun 11, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | bullish |
Sentiment: bullish
Topics: dividend, shareholder-return
TL;DR
PLDT declares PHP 26/share dividend, paying out PHP 13.7B on July 10.
AI Summary
PLDT Inc. announced on June 11, 2024, that its Board of Directors approved a cash dividend of PHP 26.00 per share. This dividend is payable on July 10, 2024, to shareholders of record as of June 21, 2024. The total payout is expected to be approximately PHP 13.7 billion.
Why It Matters
This dividend distribution returns capital to shareholders, potentially increasing investor confidence and reflecting the company's financial health.
Risk Assessment
Risk Level: low — The filing is a routine dividend announcement, which typically carries low risk.
Key Numbers
- PHP 26.00 — Dividend per share (Amount approved by the Board for distribution to shareholders.)
- PHP 13.7 billion — Total Dividend Payout (Estimated aggregate amount to be paid to shareholders.)
- July 10, 2024 — Payment Date (The date when the approved dividend will be disbursed.)
Key Players & Entities
- PLDT Inc. (company) — Registrant
- PHP 26.00 (dollar_amount) — Cash dividend per share
- July 10, 2024 (date) — Dividend payment date
- June 21, 2024 (date) — Record date for dividend
- PHP 13.7 billion (dollar_amount) — Total expected dividend payout
FAQ
What is the amount of the cash dividend per share approved by PLDT Inc.'s Board of Directors?
The Board of Directors approved a cash dividend of PHP 26.00 per share.
When is the dividend payment date for PLDT Inc. shareholders?
The dividend is payable on July 10, 2024.
Who is eligible to receive the dividend from PLDT Inc.?
Shareholders of record as of June 21, 2024, are eligible to receive the dividend.
What is the total estimated amount of the cash dividend to be paid by PLDT Inc.?
The total expected payout is approximately PHP 13.7 billion.
What type of filing is this for PLDT Inc. with the SEC?
This is a Form 6-K, which is a Report of Foreign Private Issuer.
Filing Stats: 618 words · 2 min read · ~2 pages · Grade level 11.5 · Accepted 2024-06-11 10:42:22
Filing Documents
- 06.11.2024_cashdivvotpre.htm (6-K) — 30KB
- phi-ex99_1.htm (EX-99.1) — 178KB
- 0000950170-24-071647.txt ( ) — 209KB
Signatures
Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly authorized and caused this report to be signed on its behalf by the undersigned. PLDT Inc. By : /s/Mark David P. Martinez Name : Mark David P. Martinez Title : Assistant Corporate Secretary Date : June 11, 2024