International Container Terminal Services, Inc. Declares Regular Cash Dividend, Payable on March 28, 2022
March 02, 2022 at 08:58 pm EST
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In the Board Meeting held on March 3, 2022, the Board of Directors of International Container Terminal Services, Inc. (ICTSI) approved the declaration of a regular cash dividend in the amount of PHP 5.56 per common share. The total dividend (regular and special) of PHP 6.00 per common share is payable on March 28, 2022 to stockholders of record holding shares of ICTSI common stock at the close of business on March 18, 2022.
International Container Terminal Services, Inc. is a Philippines-based independent terminal operator. The Company builds and operates origin and destination gateway terminals, which are fully equipped to handle international containerized dry cargoes, containerized refrigerated cargoes and non-containerized cargoes. The Company operates principally in one industry segment, cargo handling and related services. It has organized its business into three geographical segments: Asia, EMEA and Americas. Asia segment includes Manila, Zambales, Batangas, Laguna, Cavite, Davao, General Santos, Misamis Oriental, Indonesia and China. EMEA segment includes Poland, Georgia, Croatia, Madagascar, Pakistan, DR Congo and Iraq. Americas segment includes Brazil, Ecuador, Argentina, Mexico, Colombia and Honduras.