GMA Network, Inc. Declares Dividend for the Year Ended December 31, 2023, Payable on May 14, 2024
April 02, 2024 at 11:25 pm EDT
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During the Special Meeting of the Board of Directors of GMA Network, Inc. held on April 3, 2024, resolved declaration of cash dividends equivalent to PHP 0.60 per common share from the retained earnings of the Company as of December 31, 2023 Record Date: April 24, 2024. Payment Date: May 14, 2024.
GMA Network, Inc. is a Philippines-based media broadcasting company primarily involved in the business of radio and television broadcasting. The Company is also involved in film production and other information and entertainment-related businesses. Its segments include Television and Radio, International Subscription and Other businesses. The Television and Radio segment is engaged in television and radio broadcasting activities. The International Subscription segment is engaged in subscription arrangements with international cable companies. Its Other businesses segment includes movie production, consumer products and other services. Its subsidiaries include Alta Productions Group, Inc. (Alta), which operates pre and post-production services; GMA Network Films, Inc, which is engaged in film production; GMA New Media, Inc., which is engaged in converging technology, and RGMA Marketing and Productions, Inc., which is engaged in music recording, publishing and video distribution.