HPP announces a dividend payout ratio of 20% (equivalent to VND 2,000/share). With approximately 7.96 million shares in circulation, the company expects to distribute nearly VND 16 billion in dividends for this period. The payment date is scheduled for June 26.
Earlier this year, HPP distributed an interim dividend of 10% (VND 1,000/share) for the first period of 2024. Upon completion of this final dividend distribution, the company will have fulfilled its 2024 dividend plan, with a total payout ratio of 30%, amounting to approximately VND 24 billion.
 Source: VietstockFinance
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This marks the tenth consecutive year that HPP has maintained a cash dividend of 30% since 2015, despite fluctuations in annual profit figures. Notably, 2024 witnessed a record-high net profit for HPP, surpassing the VND 100 billion threshold.
Source: VietstockFinance
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As of the end of 2024, Mr. Nguyen Van Vien, Chairman of HPP’s Board of Directors, along with related parties including his wife, Mrs. Nguyen Thi Xuan Dung, and daughter-in-law, Mrs. Luu Thi Phuong Lan, collectively owned 22.18% of HPP’s shares. This group of shareholders is estimated to receive over VND 5 billion in dividends for the year 2024.
| HPP’s Financial Performance over the Years |
For the year 2025, HPP targets a production volume of 16,000 tons of synthetic resin paint, representing a 6% increase from the previous year. The company’s revenue and pre-tax profit targets are set at VND 1,500 billion and VND 120 billion, respectively, reflecting a 22% and 5% year-on-year growth. HPP plans to maintain the cash dividend at 30% for the 2025 fiscal year.
– 16:32 28/05/2025
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