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First Gen to distribute cash dividends in July

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First GenFirst GenThe board of directors of First Gen Corporation approved on June 9 the declaration of cash dividends of P0.28 per common share (FGEN). Record date will be on June 24, 2020 and payment date on July 20. FGEN trades ex-cash on June 19.

Also approved were cash dividends on Series G Preferred Shares (FGENG) at P3.8904 each for 104,400,800 outstanding FGENG and P0.38904 each for the 13,750,000 FGENG issued to First Philippine Holdings Corporation by way of private placement. Record date will be on July 1, 2020 and payment date on July 27. FGENG trades ex-cash on June 26.

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