First Gen Corporation on November 28 approved cash dividends of P0.02 per share on all outstanding Series B preferred shares, P0.01 per share on all outstanding Series E preferred shares and P4.00 per share on all outstanding Series F preferred shares.
Dividends per share of P3.8904 on all outstanding Series G preferred shares issued by way of follow-on offering and topped up by First Philippine Holdings Corporation (FPH) and P0.38904 on the 13,750,000 Series G preferred shares issued to FPH by way of private placement were also approved.
The cash dividends will be paid on January 25, 2017 to all shareholders of record as of December 29, 2016.