Investment opportunity: Preferred shares of Petron Corp are being sold (since Feb 15) until Feb 26.

Price: P100.00 / share
Dividend rates: 9.5281% / year

According to their website:
The annual dividend rate of the preferred shares is 9.5281%. If declared by the Board, Petron has an option to redeem the shares on the fifth anniversary from the listing date or any dividend payment date after. If the company doesn’t redeem on the fifth year, investors will enjoy a “step-up” rate.

The joint lead managers/underwriters are BDO Capital, BPI Capital, ING, RCBC Capital and UnionBank.

More information at Petron’s website –> HERE.

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About The Author

EJ is an IT manager by day, and Plants vs Zombies addict by night. Oh and he blogs too. Through, EJ wants to help the Pinoy create and maintain his own blog. The Pinoy blogging community is a very friendly one and this is his contribution! He's also the main technical person behind the ManilaReviews, ManilaFitness, and ManilaBlogs. Geek? Di naman masyado.

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