Jollibee Foods Corporation Approves Regular Cash Dividend, Payable on December 14, 2021
November 08, 2021 at 06:56 pm EST
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The Board of Directors of Jollibee Foods Corporation approved in a meeting held November 8, 2021 the declaration of a regular cash dividend of PHP 0.89 per share. The regular cash dividend will be given to JFC stockholders of record as of November 23, 2021 (ex-dividend date of November 18, 2021). This cash dividend represents an increase of 30.9% over the amount of the regular cash dividend of PHP 0.68 per share declared in November last year. Payment date is on December 14, 2021. The total cash dividends declared in 2021 is PHP 1.67 per share, an increase of 28.5% versus the total cash dividends declared in 2020.
Jollibee Foods Corporation is a Philippines-based company, which is involved primarily in the development, operation and franchising of quick service restaurants (QSRs) under the trade names Jollibee, Chowking, Greenwich, Red Ribbon, Yong He King, Hong Zhuang Yuan, Mang Inasal, Burger King, Highlands Coffee, PHO24, Smashburger, Tim Ho Wan, Tortazo, The Coffee Bean & Tea Leaf, Panda Express, Yoshinoya, and Milksha. Its segments include food service, franchising and leasing. The food service segment is involved in the operations of QSRs and the manufacture of food products to be sold to Company-owned and franchised QSR outlets. The franchising segment is involved in the franchising of the Company's QSR store concepts. The leasing segment leases store sites mainly to its independent franchisees. The Company has approximately 1,204 Jollibee stores nationwide, of which 768 were franchised and 436 were Company owned. In addition, outside the Philippines, it has approximately 378 stores.
JOLLIBEE FOODS CORPORATION 
