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Companies finalising cash dividend payouts for the week of 19-23/08/2024
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Next week, MA1 stands out with a 30% interim cash dividend payout ratio. With nearly 5.3 million circulating shares, the company needs to allocate approximately VND 16 billion for dividend payments. The ex-dividend date is 22/08, and the expected payment date is 04/09/2024.
Furthermore, MA1 plans to issue an additional 4.76 million shares as an interim dividend for 2023, equivalent to a remarkable 90% ratio (shareholders owning 10 shares will receive 9 new shares). Following the issuance, the company’s charter capital will increase to over VND 100.5 billion.
Thus, MA1‘s total dividend payout ratio for 2023 reaches 120% (comprising 30% in cash and 90% in shares), equivalent to nearly VND 63.5 billion.
The second-highest dividend ratio for next week is TNP, at 25%, meaning 1 share will receive VND 2,500. With 7.1 million circulating shares, the company is estimated to require approximately VND 18 billion for dividend payments. The ex-dividend date is 19/08, and the expected payment date is 10/09/2024.
However, the most notable company is Phu My Fertilizer Joint Stock Company (HOSE: DPM). Despite finalising rights at a 20% ratio (1 share will receive VND 2,000), with over 391 million circulating shares, the estimated payout amounts to VND 783 billion. The ex-dividend date is 21/08, and the expected payment date is 24/09/2024.
Regarding stock dividends, in addition to the aforementioned MA1, two enterprises finalising rights next week are SSB and TOT. Specifically, SSB plans to issue approximately 329 million shares at a ratio of 13.18%. The corresponding ex-dividend dates are 23 and 22/08/2024.
“DPM’s Profits Vanish Into Thin Air, Accounting for Over 90% in 2023”
“DPM, the industry leader, achieved a remarkable feat by generating a profit post-tax of over 90% in 2023, marking its lowest net earnings since 2019.”
Many businesses pay cash dividends immediately after Tet
After the Lunar New Year in 2024, many companies listed on the stock market will distribute dividends to investors. The banking sector stands out with its generous cash dividend payment.
Which companies’ shareholders will receive cash dividends at the beginning of 2024, Year of the Wood Horse?
In the beginning of the year 2024, numerous businesses will be paying dividends in cash. This is delightful news for the shareholders who hold stakes in these companies.
