According to statistics, 15 companies announced dividend lock-in during the week of August 5–9. Of these, 12 companies will pay dividends in cash this week, with the highest rate being 35% and the lowest 1%. In addition, this week, one company will pay stock dividends, two will issue more shares, and one will pay a combination of dividends.
On August 8, CNT Group Joint Stock Company (code CNT) will finalize the list of shareholders to pay 2023 dividends in cash and shares. The payout ratio is 27%, of which 1% is in cash and 26% in shares. Thus, with more than 39.9 million shares currently in circulation, CNT will issue approximately 10.3 million shares as dividends this time and simultaneously pay nearly VND 4 billion in cash.
CNT Group Joint Stock Company, formerly known as Construction and Trading Material Joint Stock Company, was established in 2003. The company previously listed its shares on HoSE in July 2008 and delisted them in May 2014. Its shares are currently traded on the Upcom exchange.
An Gia Investment and Real Estate Development Joint Stock Company (HOSE: AGG) has just announced the issuance of shares to pay dividends at a rate of 25%. The expected number of shares to be issued is 31.2 million. After this dividend payment, the company’s charter capital will increase to VND 1,563 billion. The capital source for the issuance will come from undistributed post-tax profits on the 2023 audited consolidated financial statements. The record date is August 8, 2024. Thus, the ex-dividend date is August 7, 2024.
On August 9, Hau Giang Pharmaceutical Joint Stock Company (code DHG) will finalize the list of shareholders to implement the payment of the second 2023 dividend in cash at a rate of 35%, equivalent to VND 3,500 per share for each shareholder.
With more than 130.7 million shares currently in circulation, Hau Giang Pharmaceutical is expected to spend approximately VND 457 billion on this dividend payment. The payment date is expected to be August 21, 2024.
Previously, in June, DHG shareholders received the first 2023 dividend at a rate of 40% in cash. Thus, with the completion of the second dividend, the total dividend rate paid by this pharmaceutical company to its shareholders will reach 75%, in line with the profit distribution plan approved at the annual general meeting of shareholders. This dividend rate is a record high in the company’s operating history, with previous rates maintained at 30%-40%, all in cash.
