Chinabank (stock symbol: CBC) announced that a regular cash dividend of P1.50 per common share and an additional P1.00 per common share special dividend — P6.7 billion in total — have been declared by its Board of Directors, payable on May 22, 2025 to shareholders on record as of May 9, 2025. The higher regular cash dividend marks a 25% uptick from the P1.20 per common share paid in 2024.
The total amount of cash dividends is 14% higher than in 2024, equivalent to a payout ratio of 27% and a cash dividend yield of 2.8% based on the bank’s closing stock price of P89.55 as of April 23, 2025.
Chinabank has a history of regular dividend payments, demonstrating its financial strength and commitment to maximizing shareholder value. Last year, the bank paid P5.9 billion in cash dividends: P1.20 per share regular cash dividend and an additional P1.00 per share special cash dividend.
The bank’s net income in 2024 hit P24.8 billion, up 13%. With strong capitalization, profitability, and liquidity, Moody's Investors Service affirmed Chinabank's investment grade credit rating of "Baa2" with "Stable" outlook in April 2024.
The fourth largest private universal bank in the Philippines, Chinabank is also a governance champion, winning for three straight years the Institute of Corporate Directors’ highest distinction, the Five-Golden Arrow Award.