Puregold Price Club, Inc. Declares Regular Cash Dividend, Payable on June 21, 2024
May 13, 2024 at 10:10 pm EDT
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Puregold Price Club, Inc. in its special meeting held on May 14, 2024, declared a cash dividend amounting to PHP 0.90 per share with a record date of May 29, 2024, and payable on June 21, 2024. Further details are as follows: Total Pay-Out - PHP 2.59 billion, 2023 Net Income - PHP 8.6 billion, Pay-Out Ratio - 30%, Dividend Yield - 3.7%.
Puregold Price Club, Inc. is engaged in the business of trading goods, such as consumer products (canned goods, housewares, toiletries, dry goods, food products, pharmaceutical and medical goods and others) on a wholesale and retail basis. The Company operates in the retailing business segment. Its stores are divided into four store models: Hypermarket, Supermarket, Extras and Minimart. It has over 525 retail stores, consisting of 452 Puregold Stores, 22 S&R Membership Shopping Warehouses and 51 S&R New York Style Pizza (QSRs). Hypermarkets offer food and non-food products to retail customers and small business owners (stores include mini-marts, cafeterias, restaurants, bakeries, pharmacies). The Supermarket is primarily located in residential areas and offers a higher proportion of food to non-food products. It maintains two online platforms called, Sally and Rappit and is affiliated with other online delivery platforms, such as Pick-a-roo, Metromart, Lazada, and Shopee.
PUREGOLD PRICE CLUB, INC. 
