MANILA -China Banking Corp., the country's fourth-largest private lender, boosted cash dividends by 28 percent after reporting strong earning growth in 2022. The lender's board of directors approved the declaration of P5.1 billion in cash dividends, payable on May 18 this year to stockholders on record as of May 5. The dividend was comprised of a P1 regular cash dividend and P0.90 in special dividend. 'We are committed to distribute a fair share of the bank's profits to our shareholders resulting in an attractive yield to their equity' ChinaBank president and CEO Romeo D.

https://business.inquirer.net/396829/china-bank-boosts-cash-dividends-by-28-to-p5-1b

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