“VPBank to Pay Out Nearly VND3.967 Trillion in Cash Dividends”
VPBank is set to distribute approximately VND3.967 trillion in cash dividends, maintaining its cash dividend policy for the third consecutive year. With a payout ratio of 5% (1 share receives VND500) and over 7.93 billion shares in circulation, the bank’s estimated dividend payout remains consistent.
This decision aligns with the bank’s commitment made three years ago to uphold a consistent cash dividend policy for a five-year period, starting from 2023. From 2010 to 2022, VPBank prioritized long-term growth, forgoing dividend distributions to focus on expanding the bank’s operations and fostering sustainable development.
However, since 2022, VPBank has struck a balance between long-term growth objectives and shareholder expectations. For the past three years, the bank has consistently allocated around VND4,000 billion annually for cash dividends, totaling nearly VND20,000 billion over this period.
The bank carefully considers dividend payouts to ensure they meet shareholder expectations while also maintaining sufficient capital to support the bank’s high growth trajectory as outlined in its strategic plans.
Chairman of VPBank’s Board of Directors, Mr. Ngo Chi Dung, reaffirmed the bank’s commitment to cash dividends for the next two years, with specific payout ratios dependent on annual business performance, capital raising, and growth.
“We are determined to continue our cash dividend policy for the fourth and fifth years,” Mr. Dung assured.
Hàn Đông
– 10:53 13/05/2025
Raising the Bar: Foreign Investors Scoop Up Millions of VPB Shares
The Vietnam Prosperity Joint-Stock Commercial Bank (VPBank, HOSE: VPB) witnessed a remarkable trading session on May 14th, with its shares surging to the upper limit of VND 18,900 per share. The session witnessed a staggering volume of nearly 107 million shares being traded.
Unlocking Shareholder Value: Mirae Asset Sets Date to Release Nearly VND 520 Billion in Dividends to Common Shareholders.
Mirae Asset Securities (Vietnam) JSC is planning an extraordinary general meeting in 2025 to approve a cash dividend payout for common shareholders for the year 2023, amounting to approximately VND 520 billion. The record date for shareholders entitled to this dividend is June 4th, with an expected payment date of July 7th.
Week 12-16/05: A Shower of Dividends, with the Highest Yielding Over 60%
The season of annual general meetings brings a flurry of activity for listed companies, as they rush to finalize dividend distributions. This week, from May 12th to 16th, a staggering 45 businesses will be finalizing their cash dividend distributions, with rates reaching as high as 60.67%. This means that for every share owned, investors will receive 6.067 units of currency in dividends.
Vinamilk Shareholders to Receive Cash Dividends of VND 2,000 per Share
The Vinamilk Board of Directors (HOSE: VNM) approved on April 29th the distribution of the remaining 2024 dividend in cash, with a payout of VND 2,000 per share.
Attention Bank Shareholders: 3 Banks to Release Cash Dividends in the Coming Fortnight
“Three major banks, TPBank, VPBank, and LPBank, are gearing up to finalise their shareholder lists over the next two weeks, as they prepare to distribute cash dividends. This move underscores their commitment to rewarding shareholders for their continued support and confidence in the banks’ performance. Additionally, VIB Bank is also set to make a cash dividend payment to its shareholders on May 23rd, showcasing its dedication to shareholder value.”
