Belle Corporation declares a PHP0.06 per share cash dividend, with a record date of March 7, 2025, and payment on March 21, 2025.
Belle Corporation's Board of Directors has declared a cash dividend of PHP0.06 per share during their meeting on February 21, 2025.
Belle Corporation revealed this in a Philippine Stock Exchange listing in the morning of February 24, 2025.
“Please be advised that at a meeting of the Corporation’s Board of Directors held on February 21, 2025, the Board approved the declaration of cash dividends amounting to Php0.06 per share,” Belle Corporation said in the listing.
Known for its consistent payouts, Belle declared the same dividend amount in 2023, reaffirming its commitment to rewarding investors. If you own 1,000 shares, you’ll receive PHP60 in dividends—either via direct deposit or check.
The shareholders entitled to receive the cash dividend will be determined through a March 7, 2025 record date, and the payment will be expected on March 21, 2025, according to Belle Corporation.
Cash dividends are payments made by a company to its shareholders as a way of distributing its profits. Shareholders may receive these payments through cash, deposited through their brokerage accounts, or mailed as checks.
What does this mean?
Declaring dividends usually means a robust financial health and a commitment to returning to shareholders.
Belle earns profit from leasing City of Dreams Manila to Melco Resorts and shares in gaming revenues. It is also exploring an opportunity to build an integrated resort in Clark, in hopes of boosting tourism and investment.
Read related article: City Of Dreams Manila Developer Eyes Clark Integrated Resort
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