(Last Updated On: )

Semirara mining corporation (SCC) declared in its recent disclosure that it will be giving out dividends which reaches an all-time high payout. Board of Directors of Semirara Mining and Power Corporation at its meeting on October 11, 2021, approved the declaration of cash dividend at Php1.75 per share. The cash dividend will be sourced from its unappropriated retained earnings for the interim period as of September 30, 2021. The Board has fixed the record date on October 25, 2021 and payment date on November 9, 2021.

On SCC’s meeting for its shareholders it announced the upcoming dividends.

Additional the special cash dividend, is the total dividend of the payout of SMPC, share holders for this year 2021 will reach over P12.7 billion the rapidly increase dividend payout in its history.

On this month of October , there will be an annual dividend of SCC’s total P3 per shares translates to cash dividend submit almost 12 percent and the closing price is P25.45. SCC ex date will be on October 20,2021.

Also, in DMCI Holding Incorporation (PSE: DMC) have approved and declared P6.37 billion in special cash dividends. In April the top of the P6.37 Billion in regular and special cash dividends was paid out.

According to DMC shareholders on record as of October 26, 2021, they will grant the special cash dividend to P0.48 per share. The Payment will be made on November 10, 2021.

The additional Statement is that DMCI Holdings Inc, will going to end the year with calculated P12.75 billion in total payments, which 194 % of the holding company combine the core net income in 2020

The DCMI company total annual dividend of P0.96 reflects a cash dividend yield of nearly 12% based on its October 11, 2021 and its closing price of P8.10.