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Oct 29, 2017 @ 13:43

PSBank to pay dividends ahead of Q3 income announcement


The third quarter must have been a solid run for this bank.

Philippine Savings Bank (PSBank) announced that it will pay out cash dividends to shareholders after a good third-quarter turnout. The bank owned by bilyonaryo George Ty priced dividends at P0.75 per share following solid third quarter earnings, to be paid on Nov. 24.

The disclosure came ahead of the announcement of PSBank’s net income for the period. With this, it may be safe to assume that profits are up.

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