Newsletter · Issue #2 · April 12, 2026

Two ex-dividend deadlines this Thursday

WLCON and PGOLD both go ex-dividend Thursday April 16. Plus a structural look at LT Group's 8.43% yield — what makes it different from a yield trap.

Elmer Dy Tang
Elmer Jason Dy Tang · Certified Securities Representative
Unicapital Securities Inc. ·
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Second Opinion Second Opinion by Elmer Dy Tang Issue #2
April 12, 2026

Hi {{ contact.FIRSTNAME | default: "there" }},

This week's Second Opinion is ready. Here's what's on my radar for PSE dividend investors.

As always — if anything raises a question or you'd like a second look at your portfolio, just reply to this email.

Elmer Dy Tang
Certified Securities Representative · Unicapital Securities Inc.

This Week's Highlights

LTG · LT Group Inc. 8.43%
15 years of unbroken dividends. Only 17% payout ratio on record 2025 earnings. Rare combination of high yield and wide earnings cushion. Paid quarterly.
WLCON · Wilcon Depot Inc. 5.49%
Ex-date: Thursday April 16 — must own by Wednesday April 15 close. Total ₱0.40 (₱0.14 regular + ₱0.26 special). 2025 recovery year with ₱2.45B net income.
PGOLD · Puregold Price Club Inc. 4.56%
Ex-date: Thursday April 16 — must own by Wednesday April 15 close. Record 2025 net income ₱11.3B. Semi-annual payout, 50% ratio.

The full newsletter with charts, analysis, and dividend calendar is attached.

Open the PDF for the complete Second Opinion — Issue #2

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Second Opinion is published every Sunday at 8:00 AM Philippine Time. This newsletter is for informational purposes only and does not constitute investment advice or a solicitation to buy or sell any security. Past dividend payments do not guarantee future payouts. Please consult your broker before making investment decisions. Elmer Dy Tang is a Certified Securities Representative under Unicapital Securities Inc., a member of the Philippine Stock Exchange.