Business - Stock Commentary | Philstar.com

I got this question a few times over the past month. As we know, the OceanaGold PH [OGP 14.10 ?1.9%; 292% avgVol] dividend policy is to distribute at least 90% of “free cash flow” through dividends that are paid either quarterly or semi-annually.

The PSE advised the investing public that it has officially suspended AsiaBest [ABG 26.20 ?1.1%; 0% avgVol] [link] under the Revised Rules on Backdoor Listing (the “Revised Rules”), pending ABG’s “compliance with the applicable requirements under the Revised Backdoor Listing Rules.”

DDMP declared a Q3/24 dividend of P0.023605/share, payable on February 14 to shareholders of record as of January 22.

Cirtek notified the exchange that its Preferred B-2 Subseries C shares would have the applicable dividend rate increased from 6.5864% to 14.1425% in accordance with the formula provided in the prospectus.

Ferronoux Holdings provided comprehensive disclosure on its sale of a 23.5% stake to Themis Group for P80 million, justifying the transaction as part of its pivot into real estate development of master-planned mixed-use developments that FERRO refers to as “self-sustaining communities.”