C00160-2022 |
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 Special Meeting on 12 January 2022, the Board of Directors of RFM Corporation declared cash dividends |
Type of Securities
Date of Approval by Board of Directors | Jan 12, 2022 |
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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 | Php0.116936 |
Record Date | Jan 26, 2022 |
Payment Date | Feb 22, 2022 |
Source of Dividend Payment |
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Unrestricted retained earnings as of 31 December 2021. |
Other Relevant Information |
The President & CEO said that the company is looking to sustain the estimated 5% dividend yield even as the payout could be increased and done quarterly if cash and income permit upon review during the course of 2022. |
Name | MITCHIE VANESSA MAGOMNANG |
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Designation | AVP & HEAD-LEGAL AND LABOR RELATIONS DEPARTMENT AND CORPORATE SECRETARY |