Massive Early-Year Move: Company Declares Jaw-Dropping 51% Cash Dividend Payout

This marks the highest dividend payout for the company in years, surpassing even the peak levels seen in 2021.

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Phu Tung May So 1 JSC (FT1) has announced December 19, 2025, as the final registration date for its 2024 cash dividend payment. Shareholders will receive a remarkable 51.42% dividend, equivalent to VND 5,142 per share. The payout is scheduled to commence on January 20, 2026.

This marks the company’s highest dividend rate in years, surpassing the previous peak of 45% in 2021. With over 7 million outstanding shares, FT1 is set to distribute more than VND 36 billion in this dividend round.

Consistently High Cash Dividends

Since listing on UPCoM in 2017, FT1 has consistently rewarded shareholders with cash dividends exceeding 30% annually.

Established in 1968 as Auto Parts Factory No. 1, FT1 now boasts a charter capital of approximately VND 70.8 billion. The company specializes in manufacturing equipment, components for engines, and agricultural machinery. Its clientele includes industry giants such as Honda, Yamaha, Atsumitec, Sumitomo Heavy Industries Vietnam, Schaeffler Vietnam, and Piaggio Vietnam.

In 2024, FT1 reported revenue of VND 920.49 billion and net profit of VND 69.43 billion, reflecting a 1% and 17% year-on-year growth, respectively.

As of the market close on December 9, FT1 shares were trading at VND 49,500 per share.

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