Semirara Mining and Power Corporation (SMPC) announced today that its Board of Directors has approved the declaration of a special cash dividend of ₱1.25 per outstanding common share.
This latest dividend declaration underscores SMPC’s commitment to delivering superior returns to its shareholders following a period of strong financial performance.
“This dividend reflects our commitment to give back to our shareholders whenever our performance allows,” said Maria Cristina C. Gotianun, President, Chief Operating Officer and Chief Sustainability Officer of SMPC.
With this declaration, SMPC’s total dividend payout for 2025 will amount to ₱13.80 billion. This represents an exceptional payout ratio of 70% of its ₱19.6 billion reported net income from 2024, significantly exceeding the company’s dividend policy of paying out at least 20% of the previous year’s earnings.
On a per-share basis, the company’s total annual dividend for 2025 is ₱3.25 (inclusive of the ₱2.00 per share distributed in April), translating to a robust cash dividend yield of 10% based on the common share’s closing price of ₱34.00 as of October 20, 2025.
Key Dates for Special Dividend:
| Action | Date |
|---|---|
| Ex-Dividend Date | November 3, 2025 |
| Record Date | November 4, 2025 |
| Payment Date | November 20, 2025 |
