During the regular meeting of the Board of Directors of Philippine Racing Club, Inc. on 09 March 2023, the Board approved the declaration of the cash dividend on the outstanding common shares of the corporation of PHP 0.08 per share out of its unrestricted retained earnings as of 31 December 2022, to all stockholders of record as of end of trading day of 5 May 2023 with payment date on 31 May 2023.