Manila Jockey Club, Inc Declares Cash Dividends, Payable on or Before December 20, 2023
November 15, 2023 at 07:12 pm EST
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On November 15, 2023, the Board of Directors of Manila Jockey Club, Inc. authorized and approved the declaration of cash dividends in the amount of PHP 0.05 per share out of the unrestricted retained earnings of the
Corporation as of December 31, 2021, to the stockholders of record as of December 1, 2023, payable on or before December 20, 2023.
Manila Jockey Club, Inc. is a Philippines-based company. The Company is engaged in the construction, operations and maintenance of a racetrack located in Cavite, Philippines and in the holding or conducting of horse races therein with betting both directly or indirectly by means of mechanical, electric and/or computerized totalizator. It conducts horse race betting operations, through more than 250 Off Track Betting (OTB) stations that are owned and franchised around the country, as well as from bets placed at its Turf Club. The Company is also engaged in the development and sale of condominium units and residential properties, and lease of an office building through joint venture (JV) arrangements with certain developers. It has various condominium and office towers at the San Lazaro Business and Tourism Park township in Santa Cruz, Manila, and from the suburban Canyon Ranch development located at the San Lazaro Leisure Park in Carmona, Cavite, in partnership with Century Properties.