Corporate Governance

Roxas Holdings, Inc. ensures accountability, fairness and transparency in its dealings with all stakeholders.

Dividend Policy

 

Roxas Holdings Inc. is committed to a policy to declare regular cash and/or stock dividends of 35% of annual earnings payable out of its unrestricted retained earnings.
 
The dividends shall be distributed semi-annually with the record and payment dates to be set in consideration of the following:
 
A. Financial covenants on debt-equity and debt service cover ratios;
B. Prospective capital requirements for expansion or investments;
C. Compliance to statutory requirements.
 
In addition, the Board may declare special dividends provided this will not be detrimental to the company's cash flow requirements.