PAGCOR remits over US$98.4m in dividends to the Philippine National Treasury
The agency said the contribution will support government programmes and economic initiatives amid ongoing global uncertainty.
The Philippines.- The Philippine Amusement and Gaming Corporation (PAGCOR) has remitted PHP5.67bn (US$98.4m) in dividends to the Philippine National Treasury. The dividend payment, turned over today at PAGCOR’s corporate office in Pasay City, represents 50 per cent of the agency’s net earnings for calendar year 2025, in line with the Philippines’ Dividends Law.
According to PAGCOR, the latest remittance brings its dividend contributions since 2022 to PHP29.9bn (US$519.3m). PAGCOR chairman and CEO Alejandro H. Tengco said the agency would continue to honour its commitments amid a challenging geopolitical context. “Even amid challenges, PAGCOR will honour its commitment to contribute meaningfully to government programmes that uplift the lives of Filipinos,” he said.
Photo: PAGCOR
The dividend cheque was formally received by Deputy National Treasurer Kenneth Ian Francisco. “PAGCOR’s PHP5.67bn (US$98.4m) dividend remittance makes available much-needed fiscal resources that will enable the national government to mitigate the effects of the global oil crisis and pursue programmes geared towards meaningful economic and social transformation,” Francisco said.
