Stockholders Meeting, Stock Price & Dividend Payouts

As of

MER 


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Annual Stockholders Meetings (ASM/AGM)

The Annual Shareholder's Meeting is held on the last Tuesday of May every year. But for justifiable reasons, SEC allows companies like Meralco to reschedule their meeting to a more convenient date when necessary.

The Notice of Meeting sent to all stockholders contains the place and time of meeting and the agenda.

Stockholders who cannot attend the meeting or vote in person can send a signed proxy form authorizing another person to attend and vote in the meeting. Meralco must receive the proxy form not later than twenty (20) days before the scheduled meeting.

Attached as reference are sample forms. Please note that these are being provided merely for informational purposes and/or in order to assist the company's stockholders. The company may solicit proxies if it has been given clearance to do so by the Securities and Exchange Commission.


To view and/or download the sample forms, please click the links below:

Proxy Form (Individual)
Proxy Form (Corporate)
Proxy Form (PCD Participant)
Consent Form (Beneficial Owner)

In addition, the audited financial statements and other information of interest to the stockholders are sent together with the notice.

Nominations to the Board must be filed with the Office of the Corporate Secretary, 8/F Lopez Building, Meralco Compound, Ortigas Avenue, Pasig City, Philippines.

Notice of AGM and Detailed Agenda


May 27, 2014 pdf
May 28, 2013 pdf

Highlights and Minutes of AGM


May 27, 2014 pdf Highlights pdf Voting Results for each AGM Resolution,
posted on May 28, 2014
pdf Minutes
May 28, 2013 pdf Highlights pdf Voting Results for each AGM Resolution,
posted on May 29, 2013
pdf Minutes
May 29, 2012 pdf Highlights pdf Minutes

Dividend Policy

MERALCO pays regular cash dividends equivalent to 50% of core earnings for the year, which may be supplemented by a special dividend determined on a "look-back" basis. Any declaration and payment of special dividend is dependent on the availability of unrestricted retained earnings and availability of free cash. The declaration, record and payment dates shall be consistent with the guidelines and regulations of the SEC.

On June 19, 2013, Meralco received the distinction as Top 4 among the country's biggest corporations, in the Most Committed to a Strong Dividend Policy category, in a recent investor poll done by Hong Kong-based publication FinanceAsia. This is recognition by investors of how the Company upholds its shareholders rights through payouts of above average industry dividends.

Dividend Payouts


Type
Value
Record Date
Date Payable
Reference
CASH
P6.45 per common share
15-Apr-14
8-May-14
Related Disclosure
CASH
P4.10 per common share
27-Aug-13
20-Sept-13
Related Disclosure
CASH
P6.10 per common share
26-Mar-13
24-Apr-13
Related Disclosure
CASH
P1.4637 per Rockwell Land Share
for foreign stockholders in lieu of
Rockwell Land Property
23-Mar-12
14-May-12
Related Disclosure
PROPERTY
2.81820980816 Rockwell
Land shares per common share
23-Mar-12
14-May-12
Related Disclosure
CASH
P4.00 per common share
29-Aug-12
24-Sep-12
Related Disclosure
CASH
P4.10 per common share
23-Mar-12
23-Apr-12
Related Disclosure
CASH
P1.70 per common share
2-Dec-11
27-Dec-11
Related Disclosure
CASH
P3.45 per common share
17-Aug-11
13-Sep-11
Related Disclosure
CASH
10% of par value on the
Company's 10% Cumulative
Preferred Stock, Series B.
31-Mar-11
29-Apr-11
Related Disclosure
CASH
P2.65 per common share
28-Mar-11
20-Apr-11
Related Disclosure
CASH
10% of par value on the
Company's 10% Preferred Stock,
Series B.
31-Dec-10
31-Jan-11
Related Disclosure
CASH
P1.30 per common share
29-Dec-11
17-Jan-11
Related Disclosure