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Businesses declare dividend payment in cash in the week from 26/02-01/03
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FOX (FPT Telecom) is the company with the highest cash dividend payout ratio next week, at 20%, which is the first dividend payout of 2023. With over 492 million shares outstanding, FOX is estimated to spend over 985 billion VND on this dividend payment. The ex-dividend date is 28/02, with expected payment on 29/03/2024.
Since its listing on HOSE in 2017, FOX has never failed to pay dividends to its shareholders, usually making payments twice a year in cash or shares, with a total payout ratio ranging from 20-60%. The dividend payout ratio for 2022 was 30% in cash. For 2023, the company is expected to maintain a minimum ratio of 20%.
With the current dividend payment, the company has fulfilled the minimum requirement in its plan. The specific dividends for 2023 will likely be announced at the Annual General Meeting in 2024.
The remaining 3 companies that will declare dividend payments next week, TTC, BDB, and FCN, all have relatively low ratios, at 8%, 8%, and 1%, respectively.
There will be no dividend payments in shares next week.
