Dividend Policy

The Company returns to its shareholders dividends equivalent to 60%-75% of its prior year's core net income.


Dividends declared by the Company on its stocks are payable in cash or in additional shares of stock. As a policy and as much as practicable, Globe observes a 30-day period for the payment of dividends to shareholders from the declaration date of such dividends.


The Board of Directors (BOD) of Globe Telecom regularly reviews the dividend policy, including the frequency of its distribution, taking into account the Company's operating results, cash flows, debt covenants, capital expenditure levels and liquidity.


The payment of dividends in the future will depend upon the earnings, cash flow, and financial condition of the Company and other factors.

November 6, 2009

Our Board of Directors amended the dividend payment rate from 75% to a range of 75% to 90% of the prior year's net income.

November 8, 2011

The Board of Directors amended the dividend policy to be based on core instead of reported net income. Pay-out range remains at 75% to 90%.

August 6, 2013

The Board of Directors approved the proposed change in the frequency of the cash dividend distribution from semi-annual to quarterly beginning first quarter of 2014.

November 5, 2018

The Board of Directors approved the adjustment in dividend payout policy to 60-75% of prior year's core net income to be applied to dividend declarations beginning 2019.

2009
2011
2013
2018

Historical Dividends

Stock Dividends
On January 29, 2002, our Board of Directors approved the declaration of a 25% stock dividend payable to all common stockholders on record as of April 30, 2002. The stock dividend declaration was approved by the stockholders on April 11, 2002 and approved by the Securities and Exchange Commission in June 2002. A total of 30,379,672 additional common shares were issued in June 2002 as payment for the said stock dividends. The stock dividends were issued at par out of additional paid-in capital.

 

Cash Dividends

COMMON STOCK
DECLARATION DATEPER SHARERECORD DATEPAYABLE DATE
May 6, 202127.00May 21, 2021June 4, 2021
February 9, 202127.00February 24, 2021March 11, 2021
November 3, 202031.33November 17, 2020December 3, 2020
August 3, 202024.83August 17, 2020September 2, 2020
May 5, 202024.83May 18, 2020June 3, 2020
February 3, 202027.00February 17, 2020March 4, 2020
November 6, 201922.75November 20, 2019December 6, 2019
August 2, 201922.75August 19, 2019August 30, 2019
May 3, 201922.75May 20, 2019May 31, 2019
February 12, 201922.75February 26, 2019March 13, 2019
November 5, 201822.75November 19, 2018December 5, 2018
August 8, 201822.75August 24, 2018September 6, 2018
May 4, 201822.75May 21, 2018June 1, 2018
February 5, 201822.75February 20, 2018March 5, 2018
November 3, 201722.75November 17, 2017December 1, 2017
August 7, 201722.75August 22, 2017September 6, 2017
May 9, 201722.75May 23, 2017June 7, 2017
February 7, 201722.75February 21, 2017March 8, 2017
November 4, 201622.00November 18, 2016December 2, 2016
August 2, 201622.00August 16, 2016September 1, 2016
May 4, 201622.00May 19, 2016June 3, 2016
February 5, 201622.00February 22, 2016March 4, 2016
November 6, 201520.75November 24, 2015December 4, 2015
August 3, 201520.75August 17, 2015September 2, 2015
May 12, 201520.75May 26, 2015June 11, 2015
February 5, 201520.75February 18, 2015March 4, 2015
November 11, 201418.75November 25, 2014December 11, 2014
August 5, 201418.75August 19, 2014September 4, 2014
February 10, 201437.50February 26, 2014March 20, 2014
August 6, 201333.50August 22, 2013September 22, 2013
February 5, 201333.50February 19, 2013March 12, 2013
August 6, 201232.50August 28, 2012September 18, 2012
February 10, 201232.50February 24, 2012March 16, 2012
August 8, 201131.00August 22, 2011September 19, 2011
February 8, 201131.00February 22, 2011March 18, 2011
August 3, 201040.00August 17, 2010September 13, 2010
February 4, 201040.00February 19, 2010March 15, 2010
November 6, 200950.00November 20, 2009December 15, 2009
August 4, 200932.00August 19, 2009September 15, 2009
February 3, 200932.00February 17, 2009March 10, 2009
August 5, 200887.50August 21, 2008September 15, 2008
February 4, 200837.50February 18, 2008March 13, 2008
November 6, 200750.00November 20, 2007December 17, 2007
August 10, 200733.00August 29, 2007September 14, 2007
February 5, 200733.00February 19, 2007March 15, 2007
July 31, 200630.00August 17, 2006September 12, 2006
February 7, 200620.00February 21, 2006March 15, 2006
August 2, 200520.00August 19, 2005September 14, 2005
February 1, 200520.00February 18, 2005March 15, 2005
August 2, 200418.00August 20, 2004September 15, 2004
January 29, 200418.00February 18, 2004March 14, 2004
April 1, 200314.00April 21, 2003May 6, 2003
VOTING PREFERRED STOCK
DECLARATION DATEPER SHARERECORD DATEPAYABLE DATE
November 3, 20200.32November 17, 2020December 3, 2020
December 10, 20190.32December 26, 2019December 27, 2019
November 5, 20180.26November 19, 2018December 5, 2018
November 3, 20170.21November 17, 2017December 1, 2017
November 4, 20160.20November 18, 2016December 2, 2016
November 6, 20150.21November 24, 2015December 4, 2015
November 11, 20140.17November 25, 2014December 11, 2014
November 8, 20130.15November 22, 2013December 8, 2013
December 11, 20120.21December 27, 2012January 24, 2013
December 15, 20110.22December 29, 2011March 18, 2012
February 8, 20110.29February 22, 2011March 18, 2011
December 4, 20090.32December 18, 2009March 18, 2010
December 2, 20080.38December 18, 2008March 17, 2009
December 7, 20070.31December 18, 2007March 17, 2008
December 11, 20060.41December 31, 2006March 15, 2007
December 15, 20040.47December 31, 2004March 15, 2005
December 13, 20040.43December 31, 2005March 15, 2006

More Stock Information

Stock Profile

View our latest stock information and learn more about our Top 20 shareholders.

Shareholding Structure

Learn more about our major shareholders, ownership percentages, and voting rights.

Top 100 Shareholders

As regulatory compliance, we disclose the list of top 100 shareholders every year per quarter.

Analyst Coverage

Meet the analysts who cover our stock.

Top