Companies Finalizing Dividend Payouts for the Week of 30/09 – 04/10/2024
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The company with the highest dividend ratio for next week is CKD, a subsidiary of LIC. With 31 million shares outstanding, CKD is expected to spend approximately VND 59 billion on dividends. The ex-dividend date is 03/10, and payment will be made on 23/10/2024. LIC, which holds 89.06% of CKD, is expected to receive nearly VND 52.5 billion in dividends this period.
Ranking second is PNJ, with a dividend ratio of 14%, which is the second dividend for 2023. Although it does not have the highest closing ratio, this jewelry company still stands out when considering the actual payout amount. With nearly 335 million shares outstanding, PNJ is expected to pay out more than VND 468 billion for this dividend. The ex-dividend date is 02/10, and payment is expected to be made after just two weeks, on 16/10/2024.
As of 30/06/2024, Ms. Truong Ngoc Phuong was the largest shareholder of PNJ, with a 7.02% stake, expected to receive nearly VND 33 billion in dividends. Following her, the Dragon Capital fund group owns 5.36% of the capital, and the Sprucegrove Investment fund group owns 4.96%, respectively receiving more than VND 25 billion and VND 23 billion.
Next week, two companies will finalize dividends in shares: SBG and BMI. SBG will finalize the rights with a ratio of 22% (100 old shares receive 22 new shares) and is expected to issue 5.5 million shares. In contrast, BMI has a ratio of 10% (for every 10 shares held, 1 new share will be received) and is expected to issue more than 12 million shares. The corresponding ex-dividend dates are 02 and 03/10.