Philippines-based BDO Leasing & Finance Inc. declared a cash dividend of 10 centavos per share for full-year 2017, down from a cash dividend of 20 centavos per share for 2016.

The dividend will be paid March 27 to shareholders on record as of March 9, according to a Feb. 22 bourse filing.

BDO Leasing & Finance is a unit of BDO Unibank Inc.

As of Feb. 22, US$1 was equivalent to 51.91 Philippine pesos.