We’ve been blogging for free. If you enjoy our content, consider supporting us! Disclaimer: This is for informational purposes and is not investment advice. Figures are taken from company disclosures and exchange data; valuation ratios include the author’s calculations based on cited inputs. Investors love a simple story, and Panasonic Manufacturing Philippines Corporation (PMPC) gave the market a very tempting one in 2025: a big cash dividend — ₱0.7393 per share , paid in June—right in the middle of a year when operating conditions were anything but smooth. But in dividend investing, the important question is rarely “how big was the last payout?” The real question is: what in the latest results suggests the dividend can be sustained (or even raised) without quietly draining the company’s future? PMPC’s 17‑Q for the nine months ended December 31, 2025, offers some useful clues. 1) A dividend is only as strong as the cash behind it The most encouraging sign for divi...
We’ve been blogging for free. If you enjoy our content, consider supporting us! Disclaimer: This is for informational purposes and is not investment advice. Figures are taken from company disclosures and exchange data; valuation ratios include the author’s calculations based on cited inputs. In REIT investing, there’s a familiar reflex: hear “property-for-share swap,” then brace for dilution. New shares mean more mouths to feed. Unless the new assets bring enough cash flow to keep dividends per share (DPS) rising, the transaction can feel like a shell game—bigger company, same slice (or smaller) for each investor. Yet RL Commercial REIT (RCR) has been trying to tell a different story—one where infusion-driven growth can still be dividend-accretive , even with an enlarged share base. The clue isn’t buried in a valuation report or a cap rate debate. It’s in the simplest, most investor-facing metric of all: the dividend per share history . The setup: A nine‑mall in...