Globe Telecom to pay first dividend since 1990

1 Apr 2003

Filipino operator Globe Telecom has revealed that it will resume the payment of cash dividends in May this year, following 13 years of ploughing profits back into its cellular network. For the first time since 1990 the board has approved an annual dividend payment of PHP14 (USD0.27) per share, which will be paid to shareholders on 6 May.