JG Summit Holdings, Inc. Approves Regular Cash Dividend, Payable on June 14, 2023
May 08, 2023 at 12:15 am EDT
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The Board of Directors of JG Summit Holdings, Inc. approved in its regular meeting held on May 8, 2023, the declaration of a regular cash dividend in the amount of PHP 0.40 per common share from the unrestricted retained earnings of the company as of December 31, 2022, to all stockholders of record as of May 23, 2023 and which shall be paid on June 14, 2023.
JG Summit Holdings, Inc. is a holding company for a group of companies with substantial business interests in branded consumer foods, agro-industrial and commodity food products, real estate and hotel, air transportation, banking and financial services, and petrochemicals. It also has core investments in telecommunications and power generation and distribution. The Foods, Agro-Industrial and Commodities businesses segment is engaged in manufacturing and distribution of a diverse mix of salty snacks, chocolates, candies, biscuits, bakery products, beverages and others. The Air Transportation segment include air transport services, both domestic and international, for passengers and cargos, and line and light maintenance services. The Petrochemicals segment is a manufacturer of polyethylene (PE), polypropylene (PP), polymer grade ethylene, polymer grade propylene, partially hydrogenated pyrolysis gasoline, pyrolysis fuel oil, aromatics, butadiene and liquefied petroleum gas (LPG).