SM Investments Corp., the parent company of the SM group, announced an increase in shareholder dividends to P13 per share for 2025, composed of P11 per share in regular dividends and P2 per share in special dividends – up 44 percent from P9 per share in 2024.
The move underscores the company’s sustained focus on creating and returning value to its shareholders, the company said.
SM Investments’ board of directors approved the increase the company’s annual stockholders’ meeting. Shareholders on record as of May 16, 2025 will receive the dividends on May 29, 2025.
“This marks the fourth straight year of dividend increases,” said Frederic DyBuncio, president and chief executive of SM Investments.
“We remain committed to delivering returns for our shareholders while strengthening the long- term value of the company. We are grateful for their continued trust and confidence, which has been instrumental in driving our growth,” DyBuncio said.
Meanwhile, SM Investments shareholders elected Marife Zamora as an independent director of the board.
Zamora’s election ensures that SM Investments’ board continues to maintain a majority of independent directors, exceeding regulatory standards and reinforcing SM’s commitment to good governance, the company said.
Zamora joins Lilly Gruba as the second female independent director.
“I’m truly honored to join SM’s Board,” said Zamora. “SM mirrors the energy and growth journey of the Philippine economy. I look forward to contributing to a growing company deeply committed to independence and strong corporate governance.”
