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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 the upcoming week is CKD, a subsidiary of LIC. With 31 million shares in circulation, CKD is expected to spend approximately VND 59 billion on dividend payouts. The ex-dividend date is set for October 3rd, with payments scheduled for October 23rd, 2024. LIC, holding 89.06% of CKD‘s capital, is expected to receive nearly VND 52.5 billion in dividends this period.
Ranking second is PNJ, with a dividend ratio of 14%, which represents the second installment of dividends for 2023. Although not boasting the highest dividend ratio, this gem company stands out when considering the actual payout amount. With nearly 335 million shares in circulation, PNJ is projected to disburse over VND 468 billion for this dividend installment. The ex-dividend date is October 2nd, and payments are expected to be made shortly after, on October 16th, 2024.
As of June 30, 2024, Ms. Truong Ngoc Phuong was the largest shareholder of PNJ, with a 7.02% stake, anticipating dividends of nearly VND 33 billion. Following her, the Dragon Capital fund group owned 5.36% of the capital, and the Sprucegrove Investment fund group held 4.96%, respectively earning over VND 25 billion and VND 23 billion in dividends.
In the coming week, two companies will finalize dividend payouts in the form of stock dividends: SBG and BMI. SBG will finalize the rights with a ratio of 22% (for every 100 shares held, 22 new shares will be received), expecting to issue 5.5 million shares. On the other hand, BMI has a ratio of 10% (for every 10 shares held, 1 new share will be received) and plans to issue over 12 million shares. The respective ex-dividend dates are October 2nd and 3rd.
