C00485-2021 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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RFM Common | 3,369,549,358 |
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Subject of the Disclosure |
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Declaration of Cash Dividends |
Background/Description of the Disclosure |
During its Regular Meeting on 25 January 2021, the Board of Directors of RFM Corporation declared cash dividends amounting to Php350 Million or Php0.10387 per share to stockholders of record as of February 8, 2021 and payable on March 8, 2021. |
Type of Securities
Date of Approval by Board of Directors | Jan 25, 2021 |
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Other Relevant Regulatory Agency, if applicable | N/A |
Date of Approval by Relevant Regulatory Agency, if applicable | N/A |
Type (Regular or Special) | Regular |
Amount of Cash Dividend Per Share | Php0.10387 |
Record Date | Feb 8, 2021 |
Payment Date | Mar 8, 2021 |
Source of Dividend Payment |
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Unrestricted retained earnings as of 31 December 2020. |
Other Relevant Information |
The declared cash dividend today is usually the first of two tranches to pay out RFM Corporation's 60% yearly cash dividend policy based on recurring net income. |
Name | MITCHIE VANESSA MAGOMNANG |
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Designation | AVP & HEAD-LEGAL AND LABOR RELATIONS DEPARTMENT AND CORPORATE SECRETARY |