Jollibee Foods Corporation Declares A Regular Cash Dividend, Payable on December 11, 2023
November 12, 2023 at 06:48 pm EST
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The board of directors of Jollibee Foods Corporation approved in its meeting held on November 10, 2023 the declaration of a regular cash dividend of PHP 1.23 per share of common stock for all shareholders of record as of November 24, 2023 (ex-dividend date of November 23, 2023). This will bring JFC's regular cash dividend to a total of PHP 2.30 per share in 2023, the same amount declared and paid in 2022. Payment date will be on December 11, 2023.
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 
