BPI has consistently practiced paying dividends to shareholders on a regular basis. This is designed to provide shareholders the balance that they seek between current income and capital appreciation. The bank evaluates this practice from time to time given its capital needs and growth targets, as may be required.


At the regular meeting of BPI’s Board of Directors held on 18 May 2022, the Board approved a dividend policy based on a dividend payout ratio of 35% to 50% of previous year’s earnings.


This dividend policy replaces the fixed Php 0.90 dividend per share per semester paid by the Bank in prior years.


Our ability to return capital to shareholders, at the same time adhering to risk and capitalization standards, is a testament to BPI's fiduciary prudence. In 2021, the Bank declared and paid Php 8.12 billion in total dividends, for an annual payout ratio of 37.9% percent. For the first semester of 2022, the Bank declared and paid 1.06 dividend per share, for total of Php 4.8 billion.


The following are key figures from 2017 to 2022.




Date DeclaredDate PaidDividend TypeDividend per share (in Php)Cash Dividend Declared (in Php M)Payout Ratio (%)
1H 2022
1st SemesterMay 18, 2022June 22, 2022Regular1.064,784 
1st SemesterMay 19, 2021June 23, 2021Regular0.94,062 
2nd SemesterNov 17, 2021Dec 24, 2021Regular0.94,062 
Total   1.88,12437.9%
1st SemesterMay 20, 2020June 26, 2020Regular0.94,062 
2nd SemesterOct 21, 2020Nov 26, 2020Regular0.94,062 
Total   1.88,12428.2%
1st SemesterMay 15, 2019June 19, 2019Regular0.94,056 
2nd SemesterNov 20, 2019Dec 27, 2019Regular0.94,057 
Total   1.88,11335.2%
1st SemesterJune 20, 2018July 25, 2018Regular0.94,052 
2nd SemesterDec 19, 2018Jan 29, 2019Regular0.94,052 
Total   1.88,10436.2%
1st SemesterJune 15, 2017July 27, 2017Regular0.93,545 
2nd SemesterDec 15, 2017Jan 19, 2018Regular0.93,546 
Total   1.87,09132.2%
*Payout Ratio = Cash Dividens Declared/Previous Year's Income
Payment of cash dividends

BPI stockholders can now have their BPI cash dividends credited directly to their bank account.


Under BPI’s Electronic Cash Dividend Payment Program (ECDP), the payment of cash dividends is facilitated through electronic fund transfer or direct credit to a stockholder’s nominated bank account. Available to certificated BPI stockholders for their BPI or non-BPI bank accounts, the ECDP has been launched in line with the sustainability and digitalization efforts of the Bank and for the convenience of BPI stockholders.


Benefits and objectives of the ECDP Program

1. Safe, secure, and immediate crediting of cash dividends to a nominated bank account;

2. Receipt of cash dividends without the need to visit a bank branch to encash or deposit the check;

3. Reduction in waiting time and elimination of risk of lost/undelivered/stale cash dividend checks.

BPI stockholders are requested to please update their stockholder information and register for the ECDP by contacting the BPI Stock Transfer Office.

For other inquiries or clarifications, please send an email to BPI Stock Transfer Office at stodividend@bpi.com.ph

Property Dividends

The Board of Directors of the Bank of the Philippine Islands (“BPI”) approved on March 15, 2023 the declaration of property dividends consisting of 406,179,276 BPI common shares held in treasury to be distributed to all eligible stockholders of BPI as of record date of March 29, 2023 at an entitlement ratio of 0.0896395563 common share for every one (1) common share of BPI held by the Stockholder. The date of payment of the Property Dividend (together with the concomitant rights) to the Stockholders shall be determined and set at a future date, subject to regulatory approvals.


Property Dividend Distribution Guidelines 

Advisory to Scripless Stockholders 

Supplement to BPI Property Dividend Distribution Guidelines 

BPI Property Dividends FAQs 

BPI Property Dividends Additional FAQs 

Related information

Stock Information

Bank of the Philippine Islands common shares are listed in the Philippine Stock Exchange.

Credit Ratings

Our credit ratings are at par with Philippine Sovereign Rating.

Investor Presentations

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