Puregold Price Club, Inc. Announces Declaration of Cash Dividend, Payable on February 1, 2022
December 21, 2021 at 12:13 am EST
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In its regular meeting held on December 21, 2021, the Board of Directors of Puregold Price Club, Inc. has approved the following items: declaration of cash dividend PHP 0.25 per share regular cash dividend; PHP 0.20 per share special cash dividend; PHP 0.05 per share gratuity cash dividend. Total of PHP 0.50 per share cash dividend or a total of PHP 1.4 billion (17.8% of prior year's net income). Declaration Date: December 21, 2021; Record Date: January 10, 2022; Payment Date: February 1, 2022.
Puregold Price Club, Inc. is engaged in the business of trading goods, such as consumer products (canned goods, housewares, toiletries, dry goods, food products, pharmaceutical and medical goods and others) on a wholesale and retail basis. The Company operates in the retailing business segment. Its stores are divided into four store models: Hypermarket, Supermarket, Extras and Minimart. It has over 525 retail stores, consisting of 452 Puregold Stores, 22 S&R Membership Shopping Warehouses and 51 S&R New York Style Pizza (QSRs). Hypermarkets offer food and non-food products to retail customers and small business owners (stores include mini-marts, cafeterias, restaurants, bakeries, pharmacies). The Supermarket is primarily located in residential areas and offers a higher proportion of food to non-food products. It maintains two online platforms called, Sally and Rappit and is affiliated with other online delivery platforms, such as Pick-a-roo, Metromart, Lazada, and Shopee.
PUREGOLD PRICE CLUB, INC. 
