“Top Vietnamese Banks to Pay Out Cash Dividends in May”
Illustrative image
Joint Stock Commercial Bank of Loc Phat (LPBank – Code: LPB) has just announced that May 20, 2025, is the record date for a 25% cash dividend payment (one share receives VND 2,500). The dividend will be paid on May 28.
With an expected dividend payout of over VND 7,468 billion, LPBank is the highest cash dividend-paying bank in the Vietnamese banking system in terms of both payout ratio and scale.
At the recent Annual General Meeting of Shareholders, Mr. Nguyen Duc Thuy, Chairman of the Board of Directors, stated that the Board also wishes to distribute as high a dividend as possible in the coming years.
“With your continued support, we hope to distribute a 20% dividend in cash and 5-7% in shares next year and the year after. We encourage LPBank shareholders to contribute and make greater use of LPBank’s products and services,” emphasized Mr. Thuy.
Earlier, Vietnam Prosperity Joint Stock Commercial Bank (VPBank – Code: VPB) announced that May 16, 2025, is the record date for receiving a cash dividend. The dividend will be paid on May 23.
With a payout ratio of 5% par value (VND 500/share), VPBank is expected to distribute VND 3,967 billion in cash dividends.
This is the third consecutive year that VPBank has paid cash dividends. In 2024, VPBank paid out VND 7,934 billion in cash dividends to shareholders at a rate of 10%. Over the past three years, the cash dividend budget has reached nearly VND 20,000 billion.
The VPBank management has declared a cash dividend policy for five consecutive years (from 2023).
Speaking at the 2025 Annual General Meeting, VPBank Chairman Ngo Chi Dung confirmed that the bank would maintain its cash dividend policy for the next two years. However, the specific dividend rate will depend on business performance, capital mobilization, and annual growth.
“I can assure you that VPBank will definitely continue to pay cash dividends for the fourth and fifth years,” Mr. Dung emphasized.
Recently, Tien Phong Commercial Joint Stock Bank (TPBank) also announced the record date for a 10% cash dividend on May 14, 2025. The dividend payment date is May 23, 2025. With a payout ratio of 10% par value (VND 1,000/share), TPBank is expected to spend VND 2,642 billion on cash dividends.
Earlier, Vietnam International Commercial Joint Stock Bank (VIB) finalized its shareholder list on April 23, 2025, to pay 2024 cash dividends at a rate of 7%. VIB plans to spend VND 2,085 billion on cash dividends, with each share receiving VND 700. The dividend payment date is May 23, 2025.
Thus, four banks plan to pay a total of over VND 16,000 billion in cash dividends this May. Among them, TPBank, VPBank, and LPBank will finalize their lists in the next two weeks.
Additionally, five banks have approved cash dividend plans for 2025 but have not yet implemented them: ACB, Techcombank, SHB, OCB, and MB.
“Vietnam’s Largest Private Bank Prepares for an Imminent Cash Dividend Payout”
With a rate of 5% per par value (VND 500/share), the bank plans to allocate VND 3,967 billion for dividend distribution.
The Bank Dividend: Where Cash Flows Like Rain, or Not a Penny More
The shareholders are about to receive a windfall of cash dividends from the banks. While some banks generously distribute their profits, others retain substantial amounts of earnings, amounting to thousands of billions, without sharing this wealth with their investors.
“Core Business Activities of OCB Maintain Strong Growth Momentum in Q1 2025”
Oriental Commercial Joint Stock Bank (HOSE: OCB) has announced its Q1 2025 financial report, boasting impressive results with a remarkable pre-tax profit of VND 893 billion, showcasing a strong and consistent growth in its core operations.
“Bank Dividend Policies: Striking a Balance Between Shareholder Rewards and Fortifying Financial Position?”
“To cash dividend or to retain earnings, that is the question on the minds of bank executives as they gear up for the 2025 annual general meetings. With a volatile macroeconomic climate, striking a balance between keeping shareholders happy and fortifying the financial foundation of the bank is a delicate matter.”
“The Battle of the Banks: VPBank and Techcombank’s Race to the Top”
“Techcombank and VPBank, two of Vietnam’s leading private banks, are not just rivals in size and scale but also in their ambitious plans to transform into comprehensive financial groups. Both institutions have set their sights on diversifying their offerings by venturing into the insurance sector and significantly expanding their securities and asset management arms. This strategic shift underscores their commitment to becoming one-stop shops for all their customers’ financial needs, solidifying their positions as industry leaders.”
