GT Capital Holdings, Inc. Approves Special Dividend, Payable April 12, 2024
March 13, 2024 at 03:17 am EDT
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The Board of Directors of GT Capital Holdings, Inc. ("GT Capital"), at its regular meeting held on 13 March 2024, approved Cash Dividends of PHP 8.00/share (PHP 6.00 regular, payable on semi-annual basis and PHP 2.00 as special dividends), amounting PHP 1,722,276,696.00, in favor of GT Capital's common stockholders of record, to be taken from GT Capital's Unrestricted Retained Earnings (URE) as of 31 December 2023. Record Date is March 27, 2024, and Payment Date is April 12, 2024.
GT Capital Holdings, Inc. is a Philippines-based company, which has interests in businesses across banking, property development, infrastructure and utilities, automotive assembly, importation, wholesaling, dealership, and financing, and life and non-life insurance. Its segments include Real estate, which is engaged in real estate and leasing, development and selling of properties of every kind and description, as well as ancillary trading of goods such as petroleum, non-fuel products on wholesale or retail basis; Financial institutions, which are engaged in the banking and insurance industry; Automotive operations, which is engaged in the assembly, manufacture, importation, sale and distribution of all kinds of automobiles including automobile parts, accessories, and instruments; Infrastructure, which is engaged in the water distribution, toll operation, power sector, hospitals and rail; and Others, which is engaged in acquisitions and investments.