San Miguel Corporation announced that at its Regular Meeting of the Board of Directors held on May 28, 2020, the Board of Directors of the Corporation declared cash dividends of PHP 1.50. The distribution is to be paid on July 03, 2020 out of the unrestricted retained earnings of the Corporation as of March 31, 2020, distributable as dividends to all stockholders of record as of June 19, 2020.