Week of 30/09 – 04/10: A Business is About to Dish Out Over VND 468 Billion in Dividends

Between September 30 and October 4, 2024, 15 companies finalized their cash dividend payouts. Following a booming week, the highest dividend yield for the upcoming week stands at 19%, translating to VND 1,900 per share owned.

0
47

Corporate Events Calendar

Companies Finalizing Dividend Payouts for the Week of 30/09 – 04/10/2024

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 VND59 billion on dividend payouts. The ex-dividend date is 03/10, and payments will be made on 23/10/2024. LIC, which holds 89.06% of CKD‘s capital, is expected to receive nearly VND52.5 billion in dividends this period.

Ranking second is PNJ, with a dividend ratio of 14%, for the second dividend of 2023. Although it doesn’t have the highest dividend ratio, this jewelry company stands out when considering the actual payout amount. With nearly 335 million shares in circulation, PNJ is expected to pay out more than VND468 billion for this dividend period. The ex-dividend date is 02/10, and payments are 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 VND33 billion in dividends. Following her, the Dragon Capital fund group owned 5.36% of the capital, and the Sprucegrove Investment fund group owned 4.96%, respectively receiving over VND25 billion and VND23 billion.

In the coming 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), expecting to issue 5.5 million shares. BMI, on the other hand, has a ratio of 10% (for every 10 shares held, 1 new share will be received) and is expected to issue over 12 million shares. The corresponding ex-dividend dates are 02 and 03/10.

Chau An