The Pag-IBIG MP2 Savings Program remains one of the most popular savings options for Filipinos who want higher returns with low risk. Every year, interest builds around one key question:
How much will the MP2 dividend rate be this year?
While dividend rates are only confirmed once officially announced, past performance and financial trends give strong clues on what members can expect.
Latest confirmed Pag IBIG dividend rates
The most recent officially announced dividend rates were for earnings in 2024, credited in February 2025.
Confirmed 2024 dividend rates
- MP2 Savings: 7.10 percent
- Regular Pag IBIG Savings: 6.60 percent
These rates reflected a strong year for the Pag-IBIG Fund, which reported a record net income of ₱67.52 billion. Higher income allows the fund to distribute higher dividends to members.
What this suggests for the next dividend cycle
Based on long term trends, MP2 dividends usually fall within the 6 percent to 8 percent range.
Years with strong housing loan demand and solid investment performance tend to result in higher dividend payouts.
Recent financial results show that Pag IBIG continues to perform well, which supports expectations of a competitive MP2 rate moving forward.
MP2 Dividends Rate History (2010 to 2024)
Looking at historical data helps explain why MP2 remains attractive.
Below is a table summarizing MP2 dividend rates from 2010 to the latest posting.
- 2010 – 5.50%
- 2011 – 4.63%
- 2012 – 4.67%
- 2013 – 4.58%
- 2014 – 4.69%
- 2015 – 5.34%
- 2016 – 7.43%
- 2017 – 8.11%
- 2018 – 7.41%
- 2019 – 7.23%
- 2020 – 6.12%
- 2021 – 6.00%
- 2022 – 7.03%
- 2023 – 7.05%
- 2024 – 7.10%
Pag-IBIG MP2 has shown strong and steady performance over the years. The highest dividend rate was recorded in 2017 at 8.11%, marking the peak of a very strong period.
From 2017 to 2019, rates stayed consistently above 7%, reflecting healthy fund earnings. During the pandemic years of 2020 to 2021, returns dipped slightly to the 6% range, but they remained competitive compared to most traditional bank savings accounts.
Since 2022, MP2 dividends have recovered and stabilized above 7%, showing resilience and continued strength despite economic shifts.
This consistent performance is one of the main reasons MP2 is often compared favorably to time deposits and other low risk savings products.
Source: Pag-IBIG Annual Reports
Why MP2 dividend rates matter
- Higher returns than regular savings
MP2 has consistently outperformed regular Pag IBIG savings by 0.4 percent to 1 percent on average.
- Government backed and low-risk
Pag IBIG is required by law to return at least 70 percent of its annual net income to members as dividends. This structure limits downside risk while allowing members to benefit from strong years.
- Ideal for medium-term goals
With a 5 year lock in period, MP2 works well for:
- OFWs building savings while abroad
- Employees with extra monthly funds
- Retirees seeking steady, safer returns
What influences the MP2 dividend rate
MP2 dividends are not fixed. They depend on several performance factors.
Pag IBIG net income
Higher earnings from housing loans and investments lead to higher dividends.
Economic conditions
Interest rates, inflation, and overall market performance affect investment returns.
Portfolio performance
Pag IBIG invests in:
- Government securities
- Corporate bonds
- Housing loan portfolios
When these perform well, dividend payouts increase.
When MP2 dividend rates are announced
Pag IBIG typically announces dividend rates between late February and early March of the following year.
For example:
- 2024 dividends were announced on February 27, 2025
Following this pattern, the dividend rate for earnings in 2025 will likely be announced around February to March 2026.
Final thoughts
The Pag IBIG MP2 program continues to stand out as a stable, high yield savings option for Filipinos. Its consistent performance, government backing, and competitive dividends make it especially attractive for medium term financial planning.
As long as Pag IBIG maintains strong fundamentals, MP2 is likely to remain a reliable choice for disciplined savers.