Cosco Capital, Inc. (PSE: COSCO), a major investment company in the Philippines, announced important decisions from its board meeting held on March 31, 2026, according to a disclosure filed with the Securities and Exchange Commission (SEC).
What Are Dividends?
Think of dividends as a “thank you” gift that a company gives to people who own shares of their stock. When a company makes money, they sometimes share a portion of that profit with their stockholders. It’s like when you help your parents with chores and they give you an allowance as a reward.
Big Dividend Announcement
Cosco Capital’s board approved a total dividend payout of P2.79 billion to its shareholders. This money comes from the company’s 2025 net income of P9.32 billion. The company is sharing 30% of what it earned with its stockholders through two separate payments:
Regular Dividends
- Amount per share: P0.265 (that means for every share you own, you get 26.5 centavos)
- Total payout: P1.86 billion
- Record date: April 17, 2026 (you must own shares by this date to receive the dividend)
- Payment date: May 11, 2026 (when the money will be given out)
- Payout ratio: 20% of net income
Special Dividends
- Amount per share: P0.133
- Total payout: P931.66 million
- Record date: August 20, 2026
- Payment date: September 14, 2026
- Payout ratio: 10% of net income
The dividend yield stands at 5.77%, which is a measure of how much cash investors get back compared to the stock price.
Annual Stockholders’ Meeting Details
The company also announced its 2026 Annual Stockholders’ Meeting, which is like a big gathering where shareholders vote on important company matters. Here are the details:
- Date: May 15, 2026
- Time: 1:00 PM
- Format: Hybrid (people can attend in person or join online)
- Venue: 7F Board room, Tabacalera Compound
- Record date: April 30, 2026
The company’s stock transfer book will be closed from April 24 to May 14, 2026, meaning shares cannot be transferred during this period.
Board of Directors Nominees
The board also approved the slate of nominees for the 2026 Board of Directors election. The nominees include:
Regular Directors:
- Mr. Lucio Co
- Ms. Susan Co
- Mr. Leonardo Dayao
- Mr. Levi Labra
- Ms. Katrina Marie Co-Go
- Atty. Lily Gruba
Independent Directors:
- Ms. Cecilia Borromeo
- Mr. Ramon Jesus Paje
- Mr. Antonio Abacan, Jr.
Company’s 2025 Financial Performance
The board reviewed the company’s performance for the fourth quarter and full year 2025. Here’s a simplified breakdown of how Cosco Capital did:
Overall Company Results
- Total revenues: P262.04 billion (up 10.59% from P236.96 billion in 2024)
- Net income: P15.96 billion (up 3.39% from P15.43 billion in 2024)
- Income attributable to parent company: P9.32 billion (up 0.61% from P9.26 billion in 2024)
Performance by Business Segment
Grocery Retail (the biggest part of their business):
- Sales: P242.45 billion (up 10.6%)
- Net income: P11.34 billion (up 8.8%)
- This segment includes their supermarket and retail operations
Commercial Real Estate:
- Revenue: P2.13 billion (up 4.08%)
- Net income: P1.23 billion (up 9.77%)
Liquor Distribution:
- Revenue: P20.19 billion (up 9%)
- Net income: P3.6 billion (up 0.75%)
- Sales volume grew by 8%
Specialty Retail:
- Revenue: P2.12 billion (up 1.83%)
- Net income: P69.26 million (up 6.22%)
Energy and Minerals:
- Revenue: P525.90 million (up 6.91%)
- Net income: P186.08 million (up 5.08%)
About Cosco Capital
Cosco Capital, Inc. is a publicly listed investment holding company in the Philippines. The company operates primarily in grocery retail, but also has interests in commercial real estate, liquor distribution, specialty retail, and energy and minerals. As of the filing, the company has 7,029,524,664 outstanding common shares and 375,738,900 treasury shares, with a total of 31 stockholders.
The company’s business address is at No. 900 Romualdez St., Paco, Manila.
Source Note:This article is based on the company’s official press release and disclosures filed with the Philippine Stock Exchange’s Electronic Disclosure Generation Technology (PSE EDGE) system. For the complete and official version of the announcement, readers may visit the PSE EDGE website and search for the company’s filing directly.
