SM Investments increases dividends by 31%
PASAY CITY,
This also represents a 2.4% dividend yield using the
This marks the fifth consecutive year SM increased dividends and comes on top of a 44% increase in dividend per share last year.
Over the past five years, parent-level dividends increased from
Since listing in 2005, SM has returned
"We intend to provide greater returns to shareholders. Our businesses provide us with strong, diverse and reliable cashflows that enable us to do so while also growing our businesses and maintaining a strong balance sheet," said Frederic C. DyBuncio, President and Chief Executive Officer of SM Investments.
Shareholders on record as of
At the parent level, SM's scale, recurring income, and exposure to
"Our approach remains consistent: reinvest in high-quality businesses and consistently return capital to shareholders," Mr. DyBuncio added.
SM generates cash from market-leading businesses, with 90% of earnings derived from recurring sources across retail, banking, and property.
This recurring income base supports both capital returns and reinvestment, while portfolio investments provide additional growth avenues. A strong balance sheet, characterized by conservative leverage, enables SM to operate with resilience across economic cycles and maintain flexibility in capital allocation.
About SM Investments Corporation
SM Investments Corporation (SM) is an owner-operator of market-leading businesses in retail, banking, and property, with investments in high-growth opportunities in the Philippine economy. Through its portfolio, SM generates resilient cash flows and reinvests with discipline to compound value over the long term.
Its retail operations are the largest and most diversified in the country. Its property arm, SM Prime Holdings, Inc., is the largest integrated property developer in
For more information, please visit www.sminvestments.com
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SOURCE SM Investments Corporation
