RE:Hopefully.....My two cents on that:
In October they announced their preliminary guidance for 2023 and the special dividend which has already been paid out. If you scrub this down, in this announcement they advised that they expected a further 2 cents for Q end Dec 31 which would be confiormed by the board in November. This was subsequently approved and is locked in.
As per their governance model (as with all), and as it concerns BIR, I am sure they will be meeting sometime in January in advance of the 18th to formally vote on and approve the capital budget for the year and a five year plan. At this meeting Tonken will present his recommendations and among them, ask the board to approve a 20 cent payout for the Q end March 31. We will get updates on debt reduction, etc.
There are several possibilities. They may announce a higher payout than the .20, or a special dividend in advance of the .20 quarterly in March. Depending on what the board wants and given the federal govt of taxing buy back after 2023, they may elect to have special offer bid at a higher price than what the share is trading at, who knows?
My thoughts only, but everything is looking good.