Vinacafé Bien Hoa Joint Stock Company (Code: VCF) has recently approved a 2024 cash dividend payout of 480% per share, equivalent to VND 48,000 per share. The final registration date is October 1st, with the expected payment date on October 8th. With over 26.6 million outstanding shares, the company is set to distribute approximately VND 1,300 billion in dividends.
However, the majority of this amount will flow to its parent company, Masan Beverage Co., Ltd., which holds 98.79% of VCF’s capital. Masan Beverage is expected to receive around VND 1,260 billion from this dividend distribution.
Vinacafé Bien Hoa is renowned as one of the “dividend kings” in the market, consistently offering substantial cash dividends. From 2017 to present, VCF has regularly paid cash dividends ranging from 250% to over 400%. Notably, in 2017, the company paid an impressive dividend of VND 66,000 per share, among the highest on the market at that time.
On the stock market, VCF is trading near its peak at around VND 335,000 per share (as of September 18th). However, due to the limited number of free-float shares, the stock’s liquidity remains low.
In terms of business performance, Vinacafé Bien Hoa recorded a net revenue of over VND 1,030 billion in the first six months of the year, a 19% increase compared to the same period in 2024. After-tax profit reached VND 249 billion, reflecting a 34% growth.
“480% Cash Dividend Announced: Stock Surges to Record High, Turning Deep Purple in Instant Market Reaction”
Stock prices surged following the announcement that the company has approved a 2024 cash dividend of 480% per share, payable on October 8th.







































