“TBD Sustains 3 Consecutive Years of 20% Cash Dividend Payouts”

Dong Anh Electrical Equipment Corporation - JSC (UPCoM: TBD) announces the finalization of its shareholder list for the 2024 cash dividend distribution. Shareholders will receive a 20% dividend, equivalent to VND 2,000 per share. The ex-dividend date is set for November 21st, with payments expected to commence on December 24th.

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With over 32.4 million shares outstanding, TBD plans to allocate approximately VND 65 billion for dividend payments. This marks the third consecutive year the company has maintained a 20% payout ratio and the 11th consecutive year of cash dividends.

Previously, TBD distributed its highest dividend at 30% in 2021. Since 2022, the company adjusted the ratio to 20% and has maintained it, despite record net profits in 2024.

TBD’s Financial Performance Over the Years

In 2025, TBD aims for revenue of VND 2,362 billion and post-tax profit of VND 158 billion, representing a 14% and 11% increase, respectively, compared to the previous year. The dividend payout ratio is expected to remain at 20%.

In Q3/2025, TBD reported net revenue of over VND 506 billion, a 43% increase year-over-year. However, due to rising costs of goods sold, interest expenses, and operating costs, net profit rose only 11% to over VND 28 billion. For the first nine months, net revenue reached nearly VND 1.6 trillion (up 56%), with net profit surging 91% to VND 119 billion, achieving 75% of the annual target.

Source: VietstockFinance

As of September 30, 2025, the largest shareholder of TBD is Gelex Electricity JSC, holding 46.9% of the capital, expected to receive approximately VND 30 billion in dividends. Another major shareholder, Vietnam Electricity Group (EVN), owns 46.5% and will receive a similar amount.

Khang Di

– 13:58 13/11/2025

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