Top Line declares PHP 22.88-M special cash dividend
- August 18, 2025
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Cebu-based energy firm Top Line Business Development Corp. (PSE: TOP) has approved a special cash dividend payout, signaling robust financial health amid ongoing demand in fuel trading and distribution
In a disclosure to the Philippine Stock Exchange on August 18, 2025, the company’s board unanimously approved the declaration of special cash dividends equivalent to 30% of its net income as of the second quarter of 2025. The total amount stands at PHP 22,876,973.10, or PHP 0.0021 per share, to be paid out of accumulated unrestricted retained earnings as of June 30, 2025.
With over 10.7 billion common shares outstanding, the move underscores Top Line’s commitment to shareholder returns in the competitive Philippine energy sector, where the company focuses on commercial fuel trading for industrial clients in marine, land transportation, and construction.
Top Line posted a 26% year-on-year increase in first-half net income to PHP 76.26 million, with revenues up 26% to PHP 1.97 billion. In Q2 alone, net income rose 16% to PHP 38.36 million on 18% higher revenues of PHP 972.81 million.
What do you think this dividend signals for the energy sector’s outlook? Share your insights in the comments below.
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