PRESS RELEASE
GMA Network, Inc. announced that its Board of Directors has recently approved the declaration of PHP2.4 billion in total cash dividends, equivalent to PHP0.50 per share.
Dividends, according to investopedia.com, is "a percentage of a company's earnings paid to its shareholders as their share of the profits."
The total dividend declaration exceeds the company’s net income after tax for 2024, but remains well within its retained surplus account.
The dividend will be payable on May 20, 2025, to shareholders of record as of April 29, 2025.
This move underscores the confidence of GMA Network’s Board and management in the company’s strong financial fundamentals and its positive outlook for 2025.
The declaration is consistent with the Network’s commitment to delivering long-term value to its shareholders while sustaining operational and fiscal resilience.
Since its listing on the Philippine Stock Exchange in 2007, GMA Network has maintained a strong track record of high dividend payouts, averaging approximately 90% of its net income after tax annually.
Read: Kyline chooses "peace" after controversial breakup with Kobe
GMa network AS LEADING TV station
GMA Network, celebrating its 75th anniversary this year, continues to lead the Philippine broadcast industry, operating 115 television stations and 21 radio stations nationwide.
Based on Nielsen TV Audience Measurement data for Full Year 2024, GMA Network, including GTV and other digital channels, tallied a combined people net reach of 93%, equivalent to 67 million TV viewers in Total Philippines.
The network further solidified its position as a digital powerhouse in 2024, tallying 45.5 billion video views across Facebook, TikTok, and YouTube according to Tubular Labs data.
Read: Gandarang married actress, todo-makeout kay super poging aktor