Meralco Employees Savings and Loans Association Inc. (MESALA) approved a final dividend equivalent to 3.20% of capital contribution as of December 31, 2013; this brings the total rate of dividend for the year to 18.20%.
The cash dividend was credited either to the members’ savings deposits or bank accounts. For the latter, the deposit was reduced by an amount corresponding to the maximum that may be credited to capital contribution.