Dividend Info

UPCOMING EVENT:

PLDT First Half 2014: Analysts' Briefing

     Date/Time: 5 August / 3:00pm, Manila Time
click here for the Briefing details: Invitation

DIVIDEND POLICY


PLDT's current dividend policy is to declare and pay dividends taking into consideration the interests of our shareholders as well as our working capital, capital expenditures and debt servicing requirements. We also take into consideration our ability to meet loan covenant requirements in the declaration and payment of dividends. The retention of earnings is necessary to meet the funding requirement of our business expansion and development programs. Unappropriated retained earnings of PLDT include undistributed earnings, representing accumulated equity in the net earnings of our subsidiaries, which are not available for distribution as dividends until received in the form of dividends from such subsidiaries.

Dividends are generally paid in Philippine pesos. In the case of shareholders residing outside the Philippines, PLDT's tranfer agent in Manila, Philippines, which acts as the dividend-disbursing agent, converts the Philippine peso dividends into U.S dollars at the prevailing exchange rate and remits the dollar dividends abroad, net of applicable withholding tax.

Our current dividend policy is to declare regular dividend of 70% of Core earnings per share. In addition, the PLDT board may declare a special dividend subject to the capacity of PLDT to pay additional returns to shareholders.

Dividend History

Common Stock dividend declaration (in PhP)

 2013

 2012

 2011

 2010

 2009

 2008

 2007

 2006

 2005

Interim ordinary dividend

63

60

78

78

77

70

60

50

42

Final ordinary dividend

62

60

63

78

76

70

68

50

28

Special dividend

54

52

48

66

65

60

56

40

 

Total

 179

 172

 189

 222

 218

 200

 184

 140

 70

Payout Ratio

 100%

 100%

 100%

100%

 100%

 100%

 100%

 85%

 40%

Summary of Common Stock and Preferred Stock dividend declaration
(in PhP)

    2014 Dividend Declaration 

    
2013 Dividend Declaration 
     
     2012 Dividend Declaration

     2011 Dividend Declaration

     2010 Dividend Declaration

     2009 Dividend Declaration

     2008 Dividend Declaration

     2007 Dividend Declaration

Related Disclosures on Dividend Declarations

DISCLOSURES ON 2014 DIVIDEND DECLARATIONS
04 March 2014

DISCLOSURES ON 2013 DIVIDEND DECLARATIONS
07 August 2013
05 March 2013

DISCLOSURES ON 2012 DIVIDEND DECLARATIONS
07 August 2012
03 July 2012
22 March 2012
06 March 2012

DISCLOSURES ON 2011 DIVIDEND DECLARATIONS
06 December 2011
03 November 2011
20 September 2011 
02 August 2011
05 July 2011
29 March 2011
01 March 2011
25 January 2011

DISCLOSURES ON 2010 DIVIDEND DECLARATIONS