Bloomberg News

A. Soriano Rises Most in Seven Weeks on Dividend Payment

October 11, 2011

Oct. 12 (Bloomberg) -- A. Soriano Corp. climbed the most in seven weeks in Manila after the company said it will pay a dividend of 12 centavos a share.

The stock advanced 4.4 percent to 3.30 pesos at 10:39 a.m. local time, heading for the sharpest gain since Aug. 23. The benchmark Philippine Stock Exchange Index decreased 0.3 percent.

To contact the reporter on this story: Ian Sayson in Manila at isayson@bloomberg.net

To contact the editor responsible for this story: Matthew Oakley at moakley@bloomberg.net


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