CDC dividends

Clark Development Corp. (CDC) president and chief executive Agnes Devanadera and Department of Finance Secretary Ralph Recto share a light moment during the ceremonial turnover of the symbolic remittance cheque at the Department of Finance Executive Tower on May 22, 2025. CDC remitted a total of P5.50 billion in cash dividends to the national government over the past three years, in compliance with Republic Act No. 7656 or the ‘Dividend Law’.