RFM Corporation (RFM), a leading Philippine food and beverage company, today announced that its Board of Directors has approved a cash dividend of Php300 million, equivalent to Php0.08903 per share. The dividend is payable on August 20, 2025, to shareholders of record as of July 30, 2025.
This latest declaration brings RFM’s total cash dividends for 2025 to Php700 million, demonstrating the company’s consistent commitment to delivering value to its shareholders. For comparison, RFM paid a total of Php1.3 billion in dividends in 2024. Based on the share price of Php4.17 as of July 15, 2025, RFM’s dividend yield currently stands at 5% for the year. The company anticipates another dividend declaration in the fourth quarter of 2025.
Jose Ma. A. Concepcion III, CEO of RFM Corporation, affirmed the company’s strategy, stating, “RFM plans to sustain its healthy yearly cash dividends, especially now that our larger capital expenditure projects have been fully paid. Our core business segments – ice cream, pasta, milk, flour, and buns – continue to deliver robust growth and strong cash flows, providing a solid foundation for these returns.”
The company reported a net income of Php1.4 billion in 2024 and has maintained strong performance into 2025, with a net income of Php309 million for the first quarter, representing over a 50% increase compared to Q1 2024. Concepcion noted that while RFM maintains good liquidity on its balance sheet, it continuously seeks opportunities to strengthen its core brands and businesses, as well as explore new avenues for capital deployment. He emphasized that these steady dividends allow shareholders to directly benefit from the listed company’s strong cash flows and income performance.
RFM expects to achieve mid-single-digit sales growth this year from its Php22 billion sales in 2024, while net income is projected to grow high single digits from the Php1.4 billion level in 2024. This growth is anticipated to be driven by volume expansion, supported by favorable input prices and volume leverage. The CEO also confirmed that no major capital expenditure projects are planned for 2025.
