**Corporate Events Calendar**
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Companies finalising cash dividend payouts for the week of 16-20/12
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Next week, shareholders of Masan Consumer Holdings (MCH), a member of the Masan Group (MSN), are in for a treat with a 95% dividend payout ratio. With approximately 725 million shares outstanding, MCH is estimated to pay out nearly VND 6,900 billion. The ex-dividend date is 19/12, and payments are expected to reach shareholders on 30/12/2024.
Masan Group, holding 67.4% of MCH’s charter capital, will receive nearly VND 4,700 billion. This follows the approval of a resolution via written consent in October 2024, authorising a maximum interim dividend payout ratio of 100%.
In recent years, MCH has consistently paid out generous dividends. In 2023 alone, the company distributed dividends three times, at rates of 45% on 14/08/2023, 55% on 12/07/2024, and a supplementary dividend of 168% on 04/10/2024, totalling 268%.
Ranking second is CNC, a subsidiary of Traphaco (TRA), with a dividend rate of 20%, equivalent to VND 2,000 per share. With nearly 11.4 million shares outstanding, the company is expected to pay out nearly VND 23 billion to meet the annual plan approved by the Annual General Meeting of Shareholders. The ex-dividend date is 16/12, and payments are scheduled for 30/12/2024.
There are no companies finalising share dividend payouts next week.
Chau An
The Billionaire Chairmen: Investing Hundreds of Billions in the Stock Market
Mr. Nguyen Ba Sang, Chairman of the Board of Directors of An Gia Investment and Real Estate Development JSC, spent VND 460 billion to purchase 30,832,630 AGG shares. Meanwhile, Ms. Nguyen Thi Thom, Chairman of the Board of Directors of 911 Group JSC, registered to buy 600,000 NO1 shares to increase her ownership to 2.5% of the charter capital.
DNH Approves 12% Interim Dividend
This time, the dividend payout ratio matches the target dividend approved at the 2024 Annual General Meeting of Shareholders of Da Nhim – Ham Thuan – Da Mi Hydropower Joint Stock Company (UPCoM: DNH).
The Insurance Tycoon’s Stock Surges Post-Dividend Payout: Is the State Divestment Story Heating Up Again?
In just 3 sessions, this insurance stock has surged over 17%, climbing to 52,100 VND per share – a level not seen in over 2 years.
Market Beat October 10th: Fading Momentum, VN-Index Climbs but Leaves Investors Wanting More
The VN-Index experienced an eventful trading session, starting on a positive note and even flirting with the 1,295-point mark. However, it gradually lost momentum during the afternoon session, unable to sustain the early gains. Despite the intraday volatility, the VN-Index continued its recovery trend, building on the positive movement seen in recent days.
Handico6 Switches Dividend Payout from Stock to Cash
The Hanoi No. 6 Housing Investment and Development JSC (Handico6, UPCoM: HD6) has just announced a cash dividend for the year 2023. The record date for this dividend is set as December 9, 2024, meaning that shareholders who own the stock on this date will be eligible to receive the dividend payment.
