Emperador Inc., a leading Philippines-based spirits manufacturer, has announced the declaration of a cash dividend amounting to Php0.19 per share. This decision was made by the company’s Board of Directors and is based on the available retained earnings as of December 31, 2024. The dividend will be payable on February 18, 2025, with the record date set for January 31, 2025.

Key Details of the Dividend Declaration

• Payment Date: February 18, 2025
• Record Date: January 31, 2025
• Dividend Amount: Php0.19 per share

This revised record date was updated from its original schedule of January 30, 2025, to accommodate the Chinese New Year holiday in Singapore.

Taxation Information for Shareholders

Shareholders holding shares through the Central Depository (Pte) Limited (CDP) in Singapore will receive their dividends in Singapore Dollars. Taxes will be applied at a rate of 25% for non-resident individuals and corporations unless they submit documents proving eligibility for a reduced tax rate or exemption. These documents must be submitted to the company before or by 2:00 PM on February 12, 2025.

For Philippine stockholders availing of tax exemptions or preferential rates, the company has provided dividend guidelines through BDO Trust and Investments Group, its Philippine stock transfer agent. These guidelines can also be accessed on Emperador’s official website at https://www.emperadorinc.com/cashdividenddeclaration.

It is important to note that Emperador Inc. does not currently have a tax refund process in place, so shareholders must ensure compliance with the required documentation to benefit from applicable tax exemptions or reductions.

Impact on Shareholders

This announcement is likely to influence investor sentiment and share price, as the company demonstrates its ability to return value to its shareholders. The dividend declaration is a positive indicator of Emperador’s financial health, supported by its retained earnings as of the end of 2024. Investors should also take note of the tax implications and ensure timely submission of the necessary documents to maximize their returns.

What Shareholders Need to Do

• Mark the record and payment dates in their calendars: January 31, 2025, and February 18, 2025, respectively.
• Submit tax exemption or reduction documents by February 12, 2025, if applicable.
• Review the dividend guidelines on the company’s website or through the Philippine stock transfer agent.

These updates, including the revised record date and tax guidelines, are critical for shareholders to ensure they receive the maximum benefit from the announced dividends.