Citicore Energy REIT Corp. declared cash dividends amounting to PHP 0.054 per share 10% higher than the Php0.049/share dividend declared in the previous quarter. This brings total dividends declared out of full year 2023 net income to PHP 0.199 per share, 9% higher than that of 2022 at PHP 0.183 per share.

The PHP 0.054 per share is the largest cash dividend declaration since the Company listed in 2022 and equates to an annualized yield of 7.8%, based on the year end 2023 closing price of PHP 2.56. The Dividend Declaration Date is 19 March 2024, Record Date of 18 April 2024, and with a Payment Date slated for 15 May 2024.