S Approved By The Board Quot While Agency Is Required To Give Back Members Only At Least 70 Percent Of Its Annual Net Income As Dividends News Today : Breaking News, Live Updates & Top Stories | Vimarsana

MANILA - The Home Development Mutual Fund (Pag-IBIG Fund) board of trustees has approved the membership savings dividends of PHP31.79 billion, the highest amount declared in the history of the agency. Department of Human Settlements and Urban Development Secretary Eduardo del Rosario, also the board chair, said Friday the final dividend rate for the Pag-IBIG regular savings is 5.5 percent while it is 6 percent for MP2, of the modified savings program. "Giving higher returns on members' savings is part of our efforts to give the best benefits to our members, especially as they face economic challenges due to the ongoing pandemic while ensuring the Fund's sustainability and stability," del Rosario said in a statement. Pag-IBIG Fund Chief Executive Officer, Acmad Rizaldy Moti, said the high dividend rates were due to a higher dividend payout ratio, as approved by the board. "While the agency is required to give back to members only at least 70 percent of its annual ....

Department Of Human Settlements , Home Development Mutual Fund Pag , Home Development Mutual Fund , Human Settlements , Urban Development Secretary Eduardo Del Rosario , Chief Executive Officer , Acmad Rizaldy Moti , Manila The Home Development Mutual Fund Pag Ibig Board Of Trustees Has Approved Membership Savings Dividends Php31 79 Billion , He Highest Amount Declared In The History Of Agency Department Human Settlements And Urban Development Secretary Eduardo Del Rosario , Lso The Board Chair , Aid Friday The Final Dividend Rate For Pag Ibig Regular Savings Is 5 Percent While It 6 Mp2 , F The Modified Savings Program Quot Giving Higher Returns On Members 39 Is Part Of Our Efforts To Give Best Benefits , Specially As They Face Economic Challenges Due To The Ongoing Pandemic While Ensuring Fund 39s Sustainability And Stability , Uot Del Rosario Said Ina Statement Pag Ibig Fund Chief Executive Officer , Acmad Rizaldy Moti , Aid The High Dividend Rates Were Due Toa Higher Payout Ratio , S Approved By The Board Quot While Agency Is Required To Give Back Members Only At Least 70 Percent Of Its Annual Net Income As Dividends , He Management And The Board Always Sought To Give Back More , Uot He Said In Another Statement Quot When We Perform Well , T 39s Our Members Who Benefit The Most For 2021 , I 39m Glad To Say That The Board Decided Retain Highest Payout Ratio Of 92 15 Percent Quot Despite Covid 19 Pandemic , Oti Saida Higher Dividend Rate Has Been Maintained For Two Consecutive Years Because Of The Fund 39s Quot Strong Financial Position And Improving Loan Portfolio Pna ,