Vinamilk Announces Generous Dividend Payout for 2023-2024
Vinamilk shareholders are in for a treat as the company has announced a total dividend payout of VND 2,450 per share, comprising a 9.5% payout for the last quarter of 2023 and a 15% advance for the first quarter of 2024. The payment is expected to be made on October 24th.
With nearly 2.09 billion shares in circulation, Vietnam’s largest dairy company will dish out approximately VND 5.1 trillion for this dividend payout.
The largest shareholder, the State Capital Investment Corporation (SCIC), which owns 36% of Vinamilk, is set to receive over VND 1.84 trillion in cash dividends. The next two largest shareholders, F&N Dairy Investments and Platinum Victory, will also receive dividends exceeding VND 1 trillion each, proportional to their ownership stakes.
|
The list of Vinamilk’s largest shareholders
Source: Vinamilk’s 2023 Annual Report
|
Thừa Vân
Vinamilk: Impressive nearly 20% growth in Q4/2023 export revenue
Vinamilk has announced its financial report for Q4 2023, recording a consolidated total revenue and after-tax profit of VND 15,630 billion and VND 2,351 billion, respectively. This represents an increase of 3.6% and 25.8% compared to the same period last year. For the full year, the consolidated total revenue and after-tax profit reached VND 60,479 billion and VND 9,019 billion, completing 95% of the revenue target and 105% of the profit target.
Mango and Xemesis Sell 40% Stake in Beef Selling Avocado, Xemesis’s Brother Inherits as New Owner
The reason for the couple’s retreat to Bơ Bán Bò is revealed by Xoài Non, due to the unresolved issues of the shareholders.
Pomina Steel (POM) addresses delayed financial report submission, pledges to meet deadline to avoid delisting
Pomina has implemented measures to address the delay in completing the audit report and is committed to preventing any risks from occurring in meeting the deadline for submitting the 2023 audit report.
