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Cebu Pacific to pause dividend payouts amid market uncertainty
May 11th 2026
Cebu Pacific has described the decision to suspend dividend payments to shareholders in response to changed market conditions as "prudent" and "measured". Read More » The company’s dividend policy was confirmed in a regulatory filing in response to queries from the local Philippine Stock Exchange (PSE). Cebu Pacific told shareholders at its annual stockholders meeting late last week the ongoing conflict in the Gulf region and the resulting fuel price volatility, underscored how swiftly conditions could change in the aviation industry. This prompted the company to defer dividends for preferred stockholders and cancel plans to consider dividends for holders of common stock this year. "Cebu Pacific resumed preferred share dividend payouts in 2025, while plans to resume common share dividends in 2026 would have marked its first since 2019," the company said in its response to the PSE. "Mr. Gokongwei informed the shareholders that common dividends will no longer be pursued for the current year, emphasizing that the company’s priority is to maintain a strong cash position through disciplined liquidity measures. He expressed confidence that this approach best positions the company to navigate current uncertainties while safeguarding long-term value for all stakeholders.
