DDMP REIT [DDMPR 1.05 unch; 98% avgVol] [link] declared a Q2/25 dividend of P0.023702/share, payable on Nov. 26, 2025 to shareholders of record as of Sept. 30, 2025. This dividend is 2.8% bigger q/q and 0.6% higher on a y/y basis. The total amount of the dividend is P422.5 million, which is 90% of the P467.82 million in distributable income that DDMPR declared for the quarter in its dividend declaration filing.
MB bottom-line: The discrepancy between the distributable income claimed by DDMPR in its dividend declaration and as revealed through its Quarterly Reports is still an open question for me. Does anybody have an explanation for this? For example, so far, DDMPR has declared a P411 million Q1 dividend and a P422 million Q2 dividend, for a total of approximately P833 million in H1/25 dividends. Its Q2 Quarterly Report says that it has earned P830 million in H1/25 distributable income. Its dividend declarations say that it has earned P901 million in distributable income (P467M + P434M). Relative to its Quarterly Report, DDMPR has distributed marginally more than 100% of its distributable income for the period. Relative to the statements from its dividend declarations, which don’t appear to tie to the Quarterly Reports, DDMPR has distributed 92.5% of its distributable income for the period. What am I missing?
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