TFC Announces Record-Breaking Cash Dividend Payout

Trang Joint Stock Company (HNX: TFC) has announced a record-breaking cash dividend payout for 2024, marking the highest in the company's history. Shareholders will receive a 20% cash dividend, equivalent to 2,000 VND per share. The ex-dividend date is set for September 30th.

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With over 16.8 million shares outstanding, TFC will allocate approximately VND 34 billion for this dividend payout. The payment is scheduled to commence from October 24th.

Since its listing on the HNX, TFC has consistently distributed cash dividends annually, except in 2016 (stock dividend) and 2021 (no dividend due to COVID-19 impact). The year 2024 marks a record-high cash dividend ratio for TFC, amidst achieving its highest revenue and profit levels to date.

TFC’s Financial Performance Over the Years

For 2025, TFC aims for a revenue of VND 1,000 billion and an after-tax profit of VND 168 billion, representing an 11% and 4% increase, respectively, compared to 2024.

TFC’s 6-Month Financial Performance Over the Years

In the first half of the year, the company recorded over VND 443 billion in net revenue and nearly VND 72 billion in net profit, up 55% and 2.3 times year-on-year, respectively, achieving more than 40% of its annual revenue and profit targets.

Source: VietstockFinance

As of June 30, 2025, TFC has three major individual shareholders holding nearly 61% of its capital. Mr. David Ho (largest shareholder, 22.93% ownership) may receive over VND 7.7 billion in dividends; Mrs. Nguyễn Minh Nguyệt (Chairwoman, over 22% ownership) will receive more than VND 7.4 billion; and Mr. Hồ Văn Trung (nearly 16% ownership) will receive approximately VND 5.4 billion.

Khang Di

– 2:58 PM, September 24, 2025

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