Philippine Long Distance Company with a stock code TEL in the Philippine Stock Exchange announces the distribution of 78 pesos per share cash dividend to all its stockholders. The Ex-Date is August 24, 2011 and it is payable on September 27, 2011.
The Ex-date is August 24 which means that we still have the chance until August 23 to buy PLDT stocks if we want to be entitled of the cash dividend. As of today PLDT's stock price is 2410 pesos per share. No wonder PLDT stocks price managed to increase despite the losses of other companies listed in the Philippine Stock Exchange.
Happy investing everyone.