Dividend Yield & Dividends Paid: PHN (Phinma Corp)

James Ryan Jonas

Here’s a summary of the Dividend Yield and Dividend Payments made by the company Phinma Corp (PHN) in recent years.

For the entire year 2017, the company distributed total dividends of PHP 0.36 per share. This nominal dividend amount is the same amount of dividends distributed by Phinma Corp. to shareholders in the last 5 years.

In 2017, Phinma Corp‘s Dividend Yield was 4.33%, an increase from the 3.39% yield paid to stockholders in 2016. This is the highest dividend yield experienced by Phinma Corp shareholders in the last 5 years.

View the tables below to see Phinma Corp’s dividend yield and payment history in the past years.

Phinma Corp (PHN)’s Dividend Yield

YearDividends per Share (in PHP)Dividend Yield (Year-end %)

Phinma Corp (PHN)’s Dividend History

Dividend TypeAmountEx-Dividend DateDeclaration DateRecord DatePayable Date
2017Stock Distribution100:110.00June 1, 2017April 19, 2017June 6, 2017June 30, 2017
Cash DividendsPHP 0.3636March 31, 2017March 23, 2017April 5, 2017April 21, 2017
2016Cash DividendsPHP 0.3636March 15, 2016March 4, 2016March 18, 2016March 31, 2016
2015Cash DividendsPHP 0.3636March 13, 2015February 21, 2015March 18, 2015March 31, 2015
2014Cash DividendsPHP 0.3636March 17, 2014March 5, 2014March 20, 2014April 15, 2014
2013Cash DividendsPHP 0.3636March 19, 2013March 11, 2013March 22, 2013April 17, 2013

What are Dividends?

Dividends are distributions of income by the company to its shareholders. Simply speaking, it is the share of stockholders in the total earnings generated by the company for the year.

While stock price appreciation could provide bigger profits than dividends, price gains are only realized when the investor sells the stock. Dividends, however, are tangible and actual profits that investors receive from the company. This may be in the form of cash dividends or stock dividends.

What is Dividend Yield?

The Dividend Yield shows the dividend income paid to the stockholder as a percentage of stock price, computed using this formula:

  • Total Dividends Paid / Stock Price

Take, for example, a company whose stock price is currently P100.00 and which paid dividends of P5.00. The Dividend Yield, in this case, is 5% (computed as P5.00 divided by P100.00).

The higher the dividend yield, therefore, the higher the income that stockholders receive. Clearly, it is potentially lucrative to invest in stocks that pay consistent, sustainable, and above-average dividend yields.

What are important Dividend Dates to remember?

Here are important dates related to dividend distribution:

DateWhat It Means
Declaration DateThe company's announcement or declaration date that it will be distributing dividends
Ex-DateAlso called "Ex-Dividend Date," this is the first day a buyer of a stock is NOT entitled or is EX-cluded from receiving dividends
Record DateThe date a stockholder should be "recorded" in the books of the company to be eligible to receive dividends
Payment DateThe date dividends are actually paid to eligible shareholders

Take note that stock prices typically rise from the time the dividend was announced (Declaration Date) until the Ex-Date (the first day when buying a stock does NOT entitle the buyer to the dividends).

Stock prices would fluctuate and possibly rise right before the Ex-Date because investors are scrambling to buy the stock in order to be entitled to receive dividends. Historically, as well, stock prices start to decline from the Ex-Date onwards since those who bought the stock, just to receive dividends, start selling it because they have already earned the right to receive the dividends.

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James Ryan Jonas teaches business management, investments, and entrepreneurship at the University of the Philippines (UP). He is also the Executive Director of UP Provident Fund Inc., managing and investing P3.2 Billion ($56.4 Million) worth of retirement funds on behalf of thousands of UP employees.