Century Properties Group, Inc. (CPG) has doubled its annual dividend policy to 20 percent of the previous year’s earnings, from 10 percent, as it sees faster growth amid optimism over the prospects of the Philippine real estate sector.

In a disclosure to the Philippine Stock Exchange, the firm cited favorable macroeconomic indicators, sustained consumer demand, and major government infrastructure investments as factors expected to propel industry growth.

“The company’s 2024 performance lays a solid foundation for sustainable long-term value creation. Our Twin Engine Strategy—anchored on our first-home segment, PHirst, and Century Properties’ more premium brands—equips us to capture opportunities in both affordable and high-end segments,” said CPG President and CEO Marco R. Antonio.

He added that, “With disciplined financial management and our commitment to regional expansion, we are poised to accelerate growth nationwide.”

CPG announced the significant enhancement to its dividend policy, reflecting its robust 2024 financial performance and ongoing commitment to shareholder value.

At a special meeting on June 16, 2025, the CPG Board of Directors of CPG approved the increase in the regular dividend payout for the outstanding Common Shares of the Company to 20 percent of its consolidated net income from the preceding fiscal year, along with the declaration of a five percent special cash dividend for 2025.

For 2025, CPG will distribute a total cash dividend of ₱610.63 million to be released in two tranches. The regular cash dividend, equivalent to 20 percent of 2024’s net income or ₱0.042114 per share, has a record date of July 25, 2025, and will be paid on Aug. 20, 2025.

The special cash dividend, on the other hand, equivalent to five percent of 2024’s net income or ₱0.010529 per share, has a record date of Sept. 26, 2025, and payment on Oct. 22, 2025.

“We are pleased to announce our enhanced dividend policy, reinforcing our commitment to more stable and permanent returns for our shareholders and demonstrating our financial strength and long-term profitability,” said Antonio.

He noted that, “With the increase in the annual cash dividend payout, we are providing our shareholders with a more predictable income stream. For 2025, we are rewarding them further with a special cash dividend as CPG’s performance in 2024 exceeded expectations.”

CPG posted a 31.7 percent increase in net income to ₱2.44 billion in 2024 from ₱1.86 billion in 2023 due to a strategic realignment of its development model, shifting from longer-gestation projects to faster turnover cycles, particularly in end-use residential developments.

This pivot has accelerated revenue realization and improved capital efficiency.