JOLLIBEE
Jollibee to issue P120M in dividends
JOLLIBEE Foods Corp. (JFC) announced on Monday that it will be issuing regular cash dividends for its series 'A' and 'B' preferred shares, with a total amount of approximately P120 million.
This move reflects JFC's commitment to provide value to its shareholders and maintain a strong financial position. The company's decision to distribute dividends demonstrates its confidence in its financial performance and its ability to generate consistent returns.
Jollibee, a renowned fast-food chain in the Philippines, has been a favorite among Filipinos for its delicious and affordable meals. With this recent development, JFC continues to solidify its position as a leading player in the food industry, both locally and globally.