Century Properties Group Inc. (CPG) announced a significant enhancement to its dividend policy Monday, reflecting its robust 2024 financial performance and ongoing commitment to shareholder value.
At a special meeting on June 16, CPG’s board of directors approved an increase in the regular dividend payout for the company’s outstanding common shares from 10 percent to 20 percent of its consolidated net income from the preceding fiscal year. They also declared a 5 percent special cash dividend for 2025.
For 2025, CPG will distribute a total cash dividend of P610.63 million, to be released in two tranches.
The regular cash dividend, equivalent to 20 percent of fiscal year 2024 net income or P0.042114 per share, has a record date of July 25, 2025, and payment on Aug. 20, 2025.
The special cash dividend, equivalent to 5 percent of fiscal year 2024 net income or P0.010529 per share, has a record date of Sept. 26, 2025, and payment on Oct. 22, 2025.
“We are pleased to announce our enhanced dividend policy, reinforcing our commitment to more stable and permanent returns for our shareholders and demonstrating our financial strength and long-term profitability,” said Marco Antonio, president and chief executive of Century Properties Group.
“With the increase in the annual cash dividend payout, we are providing our shareholders with a more predictable income stream. For 2025, we are rewarding them further with a special cash dividend as CPG’s performance in 2024 exceeded expectations.”
CPG posted a 31.7 percent increase in net income, rising to P2.44 billion in 2024, up from P1.86 billion in 2023.
This strong growth was driven by a strategic realignment of its development model, shifting from longer-gestation projects to faster turnover cycles, particularly in end-use residential developments. This pivot has accelerated revenue realization and improved capital efficiency.
CPG remains optimistic about the Philippine real estate sector, citing favorable macroeconomic indicators, sustained consumer demand and major infrastructure investments by the government as factors expected to propel industry growth.
“The company’s 2024 performance lays a solid foundation for sustainable long-term value creation. Our Twin Engine Strategy — anchored on our first-home segment, PHirst, and Century Properties’ more premium brands — equips us to capture opportunities in both affordable and high-end segments. With disciplined financial management and our commitment to regional expansion, we are poised to accelerate growth nationwide,” Antonio said.
The company continues to focus on operational excellence and sound financial stewardship, emphasizing its mission to deliver consistent value to shareholders and uplift communities through quality housing developments.
“We are grateful for our shareholders’ continued confidence and support. As we expand our footprint, we remain steadfast in our purpose: to build homes that enrich communities, elevate standards of living and shape the future of Philippine real estate,” Antonio said.
