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PLDT tops poll in Hong Kong-based Alpha Southeast Asia magazine
MANILA, Philippines, July 26, 2013 – Leading telecoms company PLDT was recently cited for having the Most Consistent Dividend Policy among publicly-listed Philippine companies in the 3rd Annual Southeast Asia Institutional Investor Corporate Awards by Hong Kong-based investor publications Alpha Southeast Asia Magazine. The award was based on the votes of independent investors and analysts surveyed by the regional publication.
“We are honored and gratified that our efforts to deliver value to our customers and shareholders have again been recognized,” said PLDT Chairman Manuel V. Pangilinan.
"Despite intense competition and the profound changes taking place in the telecoms industry in 2012, PLDT paid out 100% of its 2012 core earnings per share (EPS) as dividends to shareholders, making it the sixth consecutive year of 100% payout."
This is the second year in a row that PLDT was cited by Alpha Southeast Asia Magazine for its dividend policy. The institutional investment magazine said PLDT was one of the largest dividend payers on a per share basis and the third largest dividend payer among companies in Southeast Asia in last year.
Earlier this year, PLDT also received recognition for its commitment to a consistent dividend policy from Hong Kong-based financial investment magazine FinanceAsia.
Alpha Southeast Asia is a Hong Kong-based publication which is the first and only institutional investment magazine primarily written for institutional investors, asset and fund management companies in Hong Kong, Singapore, other parts of Asia, US, Europe and the Middle East. The publication is headquartered in Hong Kong but with bureaus and correspondents in various Southeast Asian capitals such as Jakarta, Kuala Lumpur, Manila, Singapore and Bangkok.
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