Manual on Corporate Governance
Corporate Governance Principles
Rights of Stakeholders Equitable TreatmentPolicies
of Shareholders The Company's Roles
to Stakeholders Disclosure of Information
and Transparency Responsibilities of the Board
of Directors Enforcement DisciplineTrading Restrictions Policy Business Conduct Policy Whistleblowing Policy Conflict of Interest Policy Dividend Policy Related Party Transactions Policy Data Privacy Environment, Health and Safety PolicyAnnual Corporate Governance Report (ACGR)FY 2019 - 2020 FY 2018 - 2019 FY 2017- 2018 FY 2016 - 2017 FY 2015 - 2016 FY 2013 - 2014 FY 2012 - 2013Board Committees
- Articles of Incorporation
- Compliance Survey
Roxas Holdings Inc. has a policy to declare regular cash and/or stock dividends of 35% of annual earnings payable out of its unrestricted retained earnings.
The dividends shall be distributed semi-annually with the record and payment dates to be set in consideration of the following:
A. Financial covenants on debt-equity and debt service cover ratios;
B. Prospective capital requirements for expansion or investments;
C. Compliance to statutory requirements.
In addition, the Board may declare special dividends provided this will not be detrimental to the company's cash flow requirements.