Nickel Asia Corporation (PSE: NIKL): The Board of Directors has approved the declaration of cash dividends of PhP0.35 per share to stockholders of record as of 22 April 2013, payable on 14 May 2013. The Board also approved the declaration of stock dividends, equivalent to 25% of outstanding common shares, with a record date of 10 trading days from shareholder approval, which shall be obtained at the annual meeting and with an issue date of not more than 18 trading days from the record date.
DMCI Holdings Inc. (PSE: DMC): The Board of Directors has declared a cash dividend of PhP1.20 per common share (which is equal to the amount of dividends declared and paid in 2012), and a special cash dividend of PhP1.00 per common share to all stockholders of record as of 26 April 2013, payable on 10 May 2013.
Jollibee Foods Corporation (PSE: JFC): The Board of Directors has approved the declaration of a cash dividend of PhP0.65 per share to all stockholders of record as of 7 May 2013, payable on 30 May 2013.
Megawide Construction Corporation (PSE: MWIDE): The Board of Directors has approved the declaration of stock dividends of 334,230,001 common shares of stock, which is equivalent to 30% of the outstanding shares, with a par value of PhP1.00 each or an aggregate value of PhP334,230,001.00 to be taken from the unrestricted retained earnings of Megawide as of 31 December 2012. The record date and payment date shall be announced upon stockholders’ and/or SEC’s approval.
The Philippine Stock Exchange Inc. (PSE: PSE): The Board of Directors of PSE also approved the declaration of stock dividend, to fund the increase in the authorized capital stock from PhP97,800,000 to PhP120,000,000, equivalent to 20% payable within 30 days from the date of approval of the increase in authorized capital stock by the Securities and Exchange Commission (SEC). The Board shall fix the record date, which shall not be less than 10 days nor more than 30 days from the date of approval by the stockholders. The stockholders will ratify the increase in authorized capital stock and declaration of stock dividend on 18 May 2013.