RFM Corporation (PSE: RFM) announced another ₱300 million cash dividend, equivalent to ₱0.08903 per share, payable on May 20, 2026 to shareholders of record as of April 23, 2026. The declaration follows the ₱300 million cash dividend declared in January 2026, bringing total dividends declared for the year to ₱600 million.

RFM President and Chief Executive Officer Joey Concepcion III said the sustained dividend payout reflects the company’s solid financial performance and commitment to shareholder returns. “For full year 2025, RFM’s net income grew by 14% to ₱1.6 billion, while revenues increased 3% to ₱22.3 billion,” Concepcion said. “Although our formal payout policy is 60% of net income, we have consistently exceeded that level since 2022.”

Shares of the listed food and beverage company closed at ₱5.30 on April 1, 2026. Based on the two dividend declarations totaling ₱600 million, the implied dividend yield is 3.36%. The company noted that it typically pays dividends on a quarterly basis.

RFM markets leading food brands including Fiesta and Royal pasta, and Selecta Milk, and is also engaged in the ice cream business through its joint venture Magnum RFM Ice Cream, Inc., which produces and distributes Selecta, Magnum, and Cornetto ice cream products.

Commenting on the operating environment, Concepcion said that rising energy prices and currency movements remain key risks. “The full impact of recent oil price increases has yet to fully filter through to domestic goods prices. The combination of peso depreciation and higher fuel costs will inevitably pressure margins,” he said. “Traditionally, these factors are addressed through pricing actions and additional costsaving measures. We hope the geopolitical situationand elevated fuel costs prove to be temporary and are contained soon.”

Despite the heightened uncertainty, the company is hoping to beat its 2025 performance albeit at muted levels. “Given the number of moving variables affecting both consumer demand and production costs, we shall be conservative in our 2026 outlook for sales and income even as we roll out new products across ice cream, pasta, and ready-to-drink milk,” Concepcion said.