9. Former name or former address, if changed since last report
9
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class
Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common
4,250,547,620
11. Indicate the item numbers reported herein
9
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
Semirara Mining and Power CorporationSCC
PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C) Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
SMPC declares P7.4B in special cash dividends, reaches all-time high payout in 2021
Background/Description of the Disclosure
SMPC declares P7.4B in special cash dividends, reaches all-time high payout in 2021
In a special meeting held virtually today, the Board of Directors of Semirara Mining and Power Corporation (PSE: SCC) approved and declared P7.4 billion in special cash dividends. This is on top of the P5.3 billion in regular cash dividends paid out in April this year.
SCC shareholders on record as of October 25, 2021 are entitled to a special cash dividend of P1.75 per share, the highest amount ever declared by the company. Ex-dividend date will be on October 20, 2021 while payment will be made on November 9, 2021.
With this additional special cash dividend, the total dividend payout of SMPC to its shareholders for 2021 will be P12.7 billion, the highest in its history.
SCC’s total annual dividend of P3 per share translates to a cash dividend yield of almost 12% percent based on its October 11, 2021 closing price of P25.45.
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Other Relevant Information
In accordance with SEC Notice issued on March 17, 2020, attached herewith is SEC Form 17-C for your immediate reference.