GTCAP: Stock’s Dividend Yield and Dividends Paid

James Ryan Jonas

Do you own stocks of GT Capital Holdings (GTCAP)? You’re probably interested to know how much Dividends the company has paid in the past years.

In 2017, GTCAP paid total dividends of PHP 5.00 per share. This represents a Dividend Yield of 0.39% that year. This was a decrease from the 0.47% dividend yield paid by the stock in 2016.

In nominal terms, the PHP 5.00 dividends per share in 2017 was also a decrease from the PHP 6.00 dividends per share that the company paid back in 2016.

Check out the tables below to find out GTCAP’s dividend payment trend and annual dividend yield in the last five years.

GT Capital Holdings (GTCAP)’s Dividend Yield

YearDividends per Share (in PHP)Dividend Yield (Year-end %)
201330.39%
201430.29%
201530.23%
201660.47%
201750.39%

GT Capital Holdings (GTCAP)’s Dividend History

YearDividend TypeAmountEx-Dividend DateDeclaration DateRecord DatePayable Date
2017Cash DividendsPHP 3.003/31/20173/22/20174/4/20174/20/2017
Special Cash DividendsPHP 2.003/31/20173/22/20174/4/20174/20/2017
2016Cash DividendsPHP 3.004/5/20163/11/20164/8/20165/4/2016
Special Cash DividendsPHP 3.004/5/20163/11/20164/8/20165/4/2016
2015Cash DividendsPHP 3.004/14/20153/16/20154/17/20155/4/2015
2014Cash DividendsPHP 3.004/3/20143/12/20144/8/20145/2/2014
2013Cash DividendsPHP 3.009/5/20138/13/20139/10/201310/2/2013

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.