Gma Network, Inc. Approves Declaration of Cash Dividends, Payable on May 16, 2023
March 31, 2023 at 12:56 am EDT
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GMA Network, Inc. announced that at its board meeting held on March 31, 2023, approved declaration of cash dividends equivalent to PHP 1.10 per common share. Record Date is April 21, 2023 and Payment Date is May 16, 2023.
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.