CREIT declares Q2 cash dividends
Thanks to stable earnings.
Citicore Energy REIT Corp. (CREIT) has declared dividends amounting to $0.000882 (PHP 0.049) per share in the second quarter of 2025, which was consistent with the declared amount last year.
According to the company, this was “driven by its stable revenue, EBITDA, and net income, owing to a slight increase in guaranteed base lease.”
Last quarter’s dividends equate to an annualised yield of 5.6% and will be payable on 8 October to shareholders on record as of 12 September.
“CREIT continues to be a strong leader among Philippine REITS, with our consistent revenues though our long-term lease agreements, backed by guaranteed base lease, built on the fact that we have 100% occupancy at all times,” said CREIT President and CEO Oliver Tan.
“Our performance for the first half of the year translated to stable and consistent dividends which our shareholders enjoy, with our asset acquisition strategy poised to continue to grow CREIT's portfolio, translating to more attractive dividends,” he added.
PHP1 = USD0.018