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Concepcion-led food and beverage firm RFM Corp. has declared its fourth cash dividend for the year, bringing the total to ₱1 billion so far for 2025.
In a disclosure to the Philippine Stock Exchange, the firm said its board of directors has approved a ₱300 million cash dividend equivalent to ₱0.08903 per share payable on October 22, 2025, with record date as of Oct. 1, 2025.
This fourth dividend declaration for the year puts RFM’s total cash dividend for 2025 at ₱1 billion compared to the 2024 dividend payment of ₱1.3 billion. At the share price of ₱4.27 apiece on September 16, 2025, RFM’s 2025 dividend yield is seven percent.
The company said that it is on track for a better income performance for 2025 versus its full-year income of ₱1.4 billion in 2024.
RMF Chief Executive Officer Jose Ma. A. Concepcion III said the firm’s balance sheet is very strong to support this level of cash dividends for 2025, and they still have extra cash for any big capital expenditures or potential acquisition.
He noted that the drivers of income for 2025 will remain the softer commodity prices as well as good volume growth in RFM’s brands and institutional segments, including the ice cream business.
“The recent flooding and heavy rainfall this third quarter posed a challenge to our logistics but underlying demand seemed resilient. We expect this consumer demand to continue thru the fourth quarter helped by easing inflation,” Concepcion explained.
RFM reported a 19 percent growth in net income to ₱772 million in the first half of 2025 from the ₱650 million earned in the same period last year on the strength of its consumer group.
The firm reported that its net sales increased by two percent to ₱9.78 billion in the first half of this year, from ₱9.55 billion in the comparable period of 2024.
“The Consumer Group was the main factor behind this performance. Although flour sales volume increased compared to last year, lower market prices caused a slight drop in total flour sales revenue,” RFM said.
It noted that, “Despite this, the company continues to demonstrate resilience and steady growth in its main segments.”
For the second quarter, RFM sustained its strong performance, as sales also increased by two percent to ₱5.26 billion this year from ₱5.15 billion in 2024.
RFM posted a net income growth of three percent to ₱463 million in the second quarter of 2025 from ₱448 million in the same period last year.
“The Group's Consumer segment continues to be a major contributor to the increase in RFM's total sales and net income (during the second quarter),” said RFM.
