Central Azucarera de Tarlac, Inc. Declares Cash Dividend, Payable on November 25, 2020
November 09, 2020 at 07:04 pm EST
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Central Azucarera de Tarlac, Inc. announced that in a special meeting held on November 9, 2020, the Board of Directors approved the declaration of cash dividends in the amount of PHP 1.81 per share. The cash dividend will be paid to all Common Stockholders on record as of November 24, 2020 and will be paid on November 25, 2020.
Central Azucarera de Tarlac, Inc. is a Philippines-based company, which is engaged in the production and sale of sugar and by-products, developing, leasing and selling real properties and other ancillary services. The Company operates through two segments. Sugar and by-products segment pertains to the production of sugar (raw and refined) and its by-products, such as molasses, alcohol and carbon dioxide. Real estate and industrial services segment pertain to developing, leasing and selling real properties and other ancillary services. Its products and byproducts include raw and refined sugar, alcohol, and carbon dioxide. The Companyâs sugar mill and refinery has a capacity of approximately 7,200 tons cane and 8,000 50-kilogram bags per day respectively. It has a production capacity of approximately 65,000 gauges liters per day. The Companyâs subsidiary, Luisita Land Corporation (LLC), is engaged in developing, leasing and selling real properties and other ancillary services.
CENTRAL AZUCARERA DE TARLAC, INC. 
