With a distribution rate of 15% and over 210.5 million shares outstanding, SIP will issue nearly 31.6 million new shares as dividends, thereby increasing its charter capital from over VND 2,105 billion to approximately VND 2,421 billion.

Previously, SIP had paid out nearly VND 358 billion in cash dividends for the fiscal year 2024, at a rate of 17%. Thus, upon completion of the aforementioned share issuance, the company will have fulfilled its 2024 dividend plan with a total rate of 32%.

Despite 2024 being a record-breaking year for SIP in terms of profits, the cash dividend payout remains modest, only about half of that in the 2021-2022 period.

SIP’s Financial Performance Over the Years

For the fiscal year 2025, SIP has set a cautious business plan, targeting consolidated revenue of VND 5,657 billion and after-tax profit of nearly VND 833 billion, down 33% and 35%, respectively, from the previous year’s performance.

SIP’s Quarterly Financial Results

However, the results for the first quarter of 2025 were quite positive. SIP recorded a net profit of over VND 351 billion, up 43% from the previous year and the highest since the first quarter of 2021, achieving nearly 50% of its annual plan. Consolidated revenue was over VND 1,941 billion, a 6% increase, with the utility services segment for industrial parks alone contributing nearly VND 1,590 billion – accounting for over 80% of total revenue and a 7% rise from the previous year.

Source: VietstockFinance

As of December 31, 2024, SIP‘s shareholder structure showed that 46.65% of its capital was owned by two institutional investors and two major individual shareholders, including Chairman of the Board Tran Manh Hung and General Director Lu Thanh Nha.

It is estimated that An Loc Urban Development and Investment Joint Stock Company – the largest shareholder with nearly 20% ownership – will receive over 6 million shares and nearly VND 71 billion in dividends for the fiscal year 2024. Meanwhile, the second-largest shareholder, Chairman Tran Manh Hung, is expected to receive approximately 3 million shares and VND 37 billion in cash.

Khang Di

– 11:14 06/05/2025

You may also like

“The Upcoming Stock Dividend Payout by Cotana Group: How Much Will Chairman Dao Ngoc Thanh Receive?”

The Cotana Group plans to issue 3.74 million bonus shares, representing a 10% stock dividend. With over 11 million shares to his name, Chairman Dao Ngoc Thanh is set to receive more than 1.1 million of these new shares.

The Bunny Pin Brand Owner Prepares to Pay Out Big Dividends.

Our company is thrilled to announce a substantial dividend payout to our valued shareholders. This interim dividend distribution amounts to an impressive 14.5 billion VND, reflecting our commitment to sharing our success with our loyal investors.

“Vingroup’s Windfall: A Whopping 7.2 Trillion VND Dividend Payout Results in a 435% Yield”

The parent company, Vingroup Joint Stock Company (coded VIC on the stock exchange, currently owning 83.32% of VEF’s capital), is set to receive a substantial dividend payout of over VND 6,000 billion from VEF.

Profiting from the North-South Expressway: A Gasoline Retailer Soars with Record Dividends and a Skyrocketing Stock Price

The 24% dividend for 2024 is a remarkable feat and a record-breaker for the company, surpassing the planned 10% and accounting for nearly 79% of the year’s post-tax profits.

“HPG Finalizes the Release Date for its 1.28 Billion Dividend Shares”

The last registration date is June 27th, and the ex-rights trading date is June 26th. Following this issuance, Hoa Phat’s chartered capital will surge to VND 76,755 billion.