FOOD and beverage firm RFM Corp. has declared an additional P300 million in cash dividends, bringing its total payouts for the year to P600 million.
In a disclosure on Friday, RFM said the dividends were equivalent to P0.08903 per share, payable on May 20, 2026, to shareholders on record as of April 23.
This followed a P300-million disbursement announced in January.
RFM President and CEO Joey Concepcion III said the payout underscored the company’s strong financial performance and commitment to shareholder returns.
“For full year 2025, RFM’s net income grew by 14 percent to P1.6 billion, while revenues increased 3 percent to P22.3 billion,” he said.
“Although our formal payout policy is 60 percent of net income, we have consistently exceeded that level since 2022,” he added.
RFM said it typically distributes dividends on a quarterly basis.
Despite solid earnings, Concepcion flagged external risks, particularly rising fuel costs and currency volatility.
“The full impact of recent oil price increases has yet to fully filter through to domestic goods prices. The combination of peso depreciation and higher fuel costs will inevitably pressure margins,” he noted.
Concepcion stressed that such pressures are usually addressed through pricing adjustments and cost-saving measures, expressing hope that geopolitical tensions and elevated fuel prices will ease.
For this year, the company is targeting to surpass its 2025 performance, although at a tempered pace.
“Given the number of moving variables affecting both consumer demand and production costs, we shall be conservative in our 2026 outlook for sales and income even as we roll out new products,” Concepcion concluded.
RFM’s share price rose by 13 centavos to close at P5.50 each on Friday.