At its Annual Stockholders’ Meeting, Dominion Holdings, Inc. (formerly BDO Leasing & Finance, Inc.) announced higher earnings of ₱277.3 million in 2023, compared to ₱69.3 million in 2022. This is mainly due to larger investment income with the rebalancing of its portfolio towards higher-yielding placements and debt securities.
The Board of Dominion Holdings earlier approved the declaration of cash dividends of ₱1.50 per share to all stockholders on record as of April 30, 2024. Payment date will be on May 10, 2024.
Dominion Holdings Inc.’s primary purpose is to hold/own real estate properties, securities/shares of stocks, and other assets of other companies, and engage in investment and business activities involving these assets.
As an investment holding company, Dominion Holdings has more flexibility in pursuing business opportunities that can enhance shareholder value.
