Over the last 15?years, the Board of ICTSI has declared dividends to its common stockholders annually based on the Company's unrestricted retained earnings and available cash. ?The amount of regular dividends per share has been increasing yearly as the company’s recurring net income grows and maintained the previous year’s dividend level in years when net income was lower thus maintaining the same positive trajectory. ?In 2019, ICTSI declared a special dividend in the amount Php2.08 per share in addition to the regular dividend of Php2.92 per share. ?Dividends are payable to all common stockholders with each share held by them being entitled to the same unit of dividend and are payable to stockholders whose names are recorded in the stock and transfer book as of the record date fixed by the Board. ?Preferred A shareholders are entitled to dividends at rates to be fixed by the Board while Preferred B shareholders earns no dividends.
For more information on the Dividends Policy, please visit the Governance page.
The details of cash dividends for the last years?are as follows:?
|Type of Security||Type of Dividend||Declaration Date||Record Date||Payment Date||Amount|
|COMMON||Cash (Special)||11 April 2019||29 April 2019||7 May 2019||PHP 2.08|
|COMMON||Cash||11 April 2019||29 April 2019||7 May 2019||PHP 2.92|
|COMMON||Cash||19 April 2018||4 May 2018||11 May 2018||PHP 2.50|
|COMMON||Cash||20 April 2017||5 May 2017||17 May 2017||PHP 2.47|
|COMMON||Cash||21 April 2016||5 May 2016||18 May 2016||PHP 0.91|
|COMMON||Cash||16 April 2015||4 May 2015||15 May 2015||PHP 0.90|
|COMMON||Cash||10 April 2014||28 April 2014||9 May 2014||PHP 0.85|
|COMMON||Cash||18 April 2013||6 May 2013||21 May 2013||PHP 0.70|
|COMMON||Cash||19 April 2012||4 May 2012||18 May 2012||PHP 0.65|
|COMMON||Cash||14 April 2011||3 May 2011||17 May 2011||PHP 0.50|
|COMMON||Cash||15 April 2010||30 April 2010||20 May 2010||PHP 0.40|
|COMMON||Cash||16 April 2009||7 May 2009||18 May 2009||PHP 0.40|
|COMMON||Cash||17 April 2008||8 May 2008||19 May 2008||PHP 0.35|
|COMMON||Cash||19 April 2007||7 May 2007||14 May 2007||PHP 0.30|
|COMMON||Cash||4 August 2006||18 August 2006||25 August 2006||PHP 0.25|
|COMMON||Cash||24 August 2005||7 September 2005||16 September 2005||PHP 0.15|