LT Group, Inc. Approves Special Cash Dividend, Payable on December 16, 2022
November 18, 2022 at 02:44 am EST
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The Board of Directors of LT Group, Inc. approved via referendum November 18, 2022, the declaration and distribution of Special Cash Dividend of PHP 0.50 per share to all stockholders of record of LT Group, Inc. as of December 6, 2022. The Special Cash Dividend of PHP 0.50 per share was authorized to be paid not later than December 16, 2022. Payment Date is Dec.
LT Group, Inc. is a Philippines-based holding company. The Company has a diversified portfolio of consumer-focused businesses. The Company operates through six segments. Banking segment provides a full range of banking and other financial services to corporate, middle-market and retail customers, the National Government (NG), local government units (LGUs) and government-owned and controlled corporations (GOCCs) and various government agencies. Distilled Spirits segment is involved in manufacturing, compounding, bottling, importing, buying and selling rum, spirit beverages, and liquor products. Beverage segment is engaged in brewing and soft drinks and bottled water manufacturing in the Philippines. Tobacco segment is a supplier and manufacturer of cigarettes, casings, tobacco, packaging, labels and filters. Property Development segment is engaged in ownership, development, leasing and management of residential properties. Others segment consist of various holding companies.