PBCOM declares cash dividend for the first time in 27 years

The bank has declared a PHP1 per share special cash dividend.

The Philippine Bank of Communications (PBCOM) has declared a special cash dividend of $0.018 (PHP1) per share to all shareholders on record as of 9 July 2025.

The bank allotted $8.49m (PHP480.65m) in cash dividends.

This is the first time that PBCOM is declaring a cash dividend after a stock dividend declared in September 1997.

The Philippine-based bank said that its dividend “clearly demonstrates the substantial improvement in the bank’s financial standing over the past 27 years.”

The bank celebrated its 85th year anniversary in 2204. It obtained a universal bank license on December 2022.

Previously, the PBCOM entered into a financial assistance agreement with PDIC in March 2004. The entry of the ISM Group led by Eric Recto in 2011 resulted in the bank getting out of the PDIC FAA in March 2014.

PG Holdings of Lucio Co became the bank’s majority shareholder in September 2014.

(US$1 = PHP 56.61; as of 26 June 2025, Google, from Morningstar)