Maharlika remits ₱1.38 billion to government, exceeds required dividend payout

Sovereign wealth fund turns over 75% of its 2025 earnings to the National Government as officials cite funding needs linked to the energy emergency.

Maharlika Investment Corp. (MIC) has remitted ₱1.376 billion in cash dividends to the National Government through the Bureau of the Treasury, providing an additional source of funds as the country continues to respond to the State of National Energy Emergency.

The amount represents 75% of the sovereign wealth fund’s fiscal year 2025 net earnings, exceeding the 50% minimum dividend requirement imposed on government-owned and controlled corporations under Republic Act No. 7656.

The remittance is notable because Maharlika has often been discussed in terms of future investments and long-term returns. This payout gives the fund an opportunity to point to a more immediate contribution, cash already flowing back to government coffers.

In a statement released Monday, MIC President and Chief Executive Officer Rafael Consing Jr. said the remittance demonstrates the fund’s commitment to responsible stewardship of public resources and support for government priorities.

MIC’s board approved a dividend declaration above the statutory minimum after considering the government’s need for additional resources in light of the energy emergency.

The decision was made in recognition of both current national priorities and its own financial position, allowing it to provide a larger payout while continuing its investment activities.

The remittance puts fresh money into government coffers at a time when additional resources are being sought to address challenges arising from the energy emergency.

It also allows Maharlika to point to a concrete result. While much of the discussion surrounding the sovereign wealth fund has centered on future investments and long-term returns, the dividend payment offers a more immediate measure of what the institution is delivering today.

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