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Companies Pay Cash Dividends in the Week of April 22-26
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The rate belongs to RAL (Rang Dong Light Source and Vacuum Flask Joint Stock Company), which is the 2nd dividend payment in 2023. With over 23.5 million circulating shares, RAL needs to spend nearly 59 billion VND to complete. The ex-dividend date is April 24, the expected implementation date is May 9, 2024.
Previously, at the end of August 2023, RAL made an interim dividend payment for the 1st quarter of 2023 with the same rate of 25% in cash. Thus, the total dividend payment for 2023 through the two interim payments is 50%, which is also the 7th consecutive year that RAL has maintained a dividend yield of over 50%.
Ranking second is EPH (Hanoi Educational Publishing Service Joint Stock Company), a member of the Vietnam Education Publishing House. With an implementation rate of 13% (VND 1,300/share) and 2.5 million shares in circulation, it is estimated that EPH will need to spend VND 3.25 billion to pay dividends this time. The ex-dividend date is April 24 and the expected payment date is May 27, 2024. This is also the highest cash dividend payment since EPH shares were traded on UPCoM in 2017.
Next week, no companies will close their rights to pay dividends in the form of shares.
