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San Miguel cash dividend and new director

San Miguel Corp., the Philippine food and beverage company, said it has declared a cash dividend of PHP 0.25 a share to stockholders as of the record date of 23 November. The dividend is payable on 14…

San Miguel Corp., the Philippine food and beverage company, said it has declared a cash dividend of PHP 0.25 a share to stockholders as of the record date of 23 November. The dividend is payable on 14 December. San Miguel has named Corazon de la Paz, president of the Social Security System state pension fund, as a director on its board. De la Paz recently replaced Vitaliano Nanagas as head of the pension fund, which holds a minority stake in the Philippine conglomerate.

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