Image: Vietnam Education Publishing House
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STC will finalize the list of shareholders who will receive the interim dividend of 2023 in cash at a rate of 14% (owning 1 share will receive 1,400 VND / share). The ex-dividend date is 08/03 and the expected payment date is 05/04/2024.
With nearly 5.7 million outstanding shares, the company plans to allocate approximately 8 billion VND for this interim dividend. Currently, STC‘s parent company, Vietnam Education Publishing House, holds 52.54% of the capital, estimated to receive over 4 billion VND in dividends.
Therefore, 2023 is the third consecutive year that STC maintains a dividend rate of 14% – meeting the set plan. Previously, the company had a chain of 7 consecutive years (2013-2019) of distributing dividends at a stable rate of 13% per year.
In terms of operation, on 11/04, STC is expected to hold the Annual General Meeting of Shareholders 2024 at its headquarters at 223 Nguyen Tri Phuong, Ward 9, District 5, Ho Chi Minh City, according to the list of shareholders finalized on 11/03/2024.
Reviewing the business results of 2023, STC recorded a revenue of 503 billion VND and pre-tax profit of 18 billion VND, a decrease of 2% and 5% respectively compared to 2022, but still enough to meet the profit plan set for shareholders.
| Business performance from 2018-2023 of STC |
At the end of the session on 16/02, STC shares closed at 21,100 VND/share, an increase of 10% compared to the beginning of the year, with an average trading volume of only 442 shares/day.
| STC stock price since the beginning of 2024 |
