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Safe ang MP2 dividend for 2020 kahit may pandemic

By August 6, 2020 News, Pag-IBIG

Sa palagay ko, makakaasa pa rin tayo ng maayos na dividend sa Pag-IBIG MP2 for 2020 kahit nagkaroon ng pandemic. Iniulat nito na kumita ang Pag-IBIG ng PhP14.14 Billion sa gross revenue na PhP22.8 Billion.

Pero siyempre, hindi pa rin kaila na medyo bumaba ito kumpara sa first half ng 2019. Kaya asahan din na medyo bababa ang dividend for MP2. Tingin ko ay aabot pa rin ito ng 3%-4%. Which is already good kasi, intact na intact at safe na safe pa rin ang ating investment dito.

Ito ang ulat mula sa Philippine Star:

The Home Development Mutual Fund, also known as Pag-IBIG Fund, has recorded a gross income of P22.82 billion driven mainly from cash loans and trading gains from investments. The agency’s net income amounted to P14.14 billion.

In the first half of 2019, the agency recorded P24.59 billion gross income and P16.04 billion net income. However, due to the economic slowdown brought by the pandemic this year, the agency’s gross and net incomes exhibited a 7 percent and 12 percent dip, respectively, in the first semester compared to last year.

Pag-IBIG Fund reported that it had its highest ever gross income of P56.90 billion and a net income of P34.37 billion last year.

“We had our best year in 2019 and that’s a tough act to follow with the challenge posed by this year. We have been enjoying a string of ‘best-year ever’ and we were poised to achieve another one this year, that is until the pandemic happened,” said Pag-IBIG Fund Chief Executive Officer Acmad Rizaldy P. Moti

However, Moti said that he remains hopeful as he already observed signs of recovery in the second quarter as quarantines were either eased or lifted. He said that from a low P.88 billion in April, home loan releases increased to P1.2 billion in May and increased further to P2.9 billion in June.

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