March 19, 2013

Security Bank cash and stock dividends


Security Bank's Board of Directors has approved the declaration of regular cash dividend of P0.5 per share as well as special cash dividends of the same amount.

The Board also approved a 20% stock dividend. Record and payment dates are to be announced. finally, the board approved an increase in authorized capital from P6 billion to P10 billion (additional 400 milliono common shares at par value of P10 per share).