San Miguel Pure Foods Declared Php 8 Billion Cash Dividend

March 27, 2014

Local food giant, San Miguel Pure Foods Company, Inc. announced that its Board of Directors has approved the issuance of cash dividends for its common shares to its shareholders, which is scheduled to be paid on May 12, 2014.

The dividend payout will be at Php 78.00 per common share for stockholders of record as of April 11, 2014. The Company previously declared payment of cash dividends for both preferred and common shareholders last February 4, 2014.

This is a special one-time dividend declaration that the Company is extending to its shareholders.

San Miguel Pure Foods is a subsidiary of the San Miguel Corporation and conducts business in several segments such as Agro-Industrial, Value-Added and Milling. San Miguel Pure Foods carries the trusted brands of Purefoods, Tender Juicy, Magnolia, Star and Dari Crème among others. The Company has consolidated revenues of Php 99.8 billion in 2013, which was 4% increase over 2012.