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CREC Citicore Renewable Energy Corporation
Press Release

Citicore Renewable Energy Corporation Declares First Cash Dividends

🟢 High Impact Positive
Citicore Renewable Energy Corporation has declared cash dividends of Php 250 million, marking its first dividend since its public listing in June 2024. This reflects the company's strong earnings performance and commitment to rewarding shareholders while pursuing growth in renewable energy.
AI Summary Details
Key Facts
  • Cash dividends declared: Php 250 million
  • Dividend per share: Php 0.0224
  • Consolidated net income for 2025: Php 1.15 billion
  • Net comprehensive income attributable to parent’s shareholders: Php 740.1 million
  • Total shares outstanding: 11,160,715,179
  • Record date for shareholders: 17 July 2026
  • Payment date for dividends: 12 August 2026
Investor Takeaway
This disclosure is material as it marks the company's first dividend declaration, indicating financial health and a commitment to shareholder returns.
Market Impact
The declaration of dividends may enhance investor confidence and attract interest in the stock, particularly among income-focused investors. It signals the company's ability to generate profits and manage capital effectively.
Watch For
  • Future dividend declarations and their amounts
  • Updates on the company's renewable energy project pipeline
  • Performance metrics in upcoming financial reports
Details
Company Citicore Renewable Energy Corporation
Stock Symbol CREC
Published Jun 17, 2026
Disclosure Number C04488-2026
EDGE Number 12bf251f0706086f64d70b69f0a3140b
AI Analyzed Jul 11, 2026 12:36 PM
Read Full Disclosure on PSE EDGE