Aviation Titan Sets Date for 25% Cash Dividend Payout

With over 102 million outstanding shares, SCSC is expected to allocate more than 255 billion VND for this interim dividend payment.

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Saigon Cargo Service Corporation (SCSC, stock code: SCS) announced that on December 22nd, it will finalize the shareholder list for the first interim dividend payment of 2025 in cash, at a rate of 25%. Accordingly, each share will receive 2,500 VND, with the payment scheduled for January 26, 2026.

With over 102 million outstanding shares, SCSC is expected to allocate approximately 255 billion VND for this interim dividend payment.

Among its shareholders, Gemadept (GMD) – the largest shareholder with a 33.42% stake – is estimated to receive around 85 billion VND in dividends. Vietnam Airlines Corporation (ACV) is also expected to receive approximately 35 billion VND.

Established in 2008, Saigon Cargo Service Corporation is currently the second-largest cargo terminal operator at Tan Son Nhat International Airport, holding a 48% market share.

Terminal operations are SCSC’s core business. The company is investing in equipment to increase its cargo handling capacity to 350,000 tons per year.

SCSC has consistently maintained high cash dividend payouts in recent years. During the June shareholders’ meeting, SCSC approved a dividend of 3,000 VND per share for 2025.

In terms of financial performance, for the first nine months of 2025, Saigon Cargo Service Corporation reported strong growth with revenue reaching 869 billion VND, a 17% increase year-on-year; net profit after tax stood at 563 billion VND, up nearly 8%. Previously, in 2024, the company set a new record with revenue surpassing 1,000 billion VND and net profit after tax reaching 693 billion VND.

As of September 30, 2025, SCSC recorded 594 billion VND in undistributed net profit and over 14 billion VND in capital surplus, providing a solid financial foundation for its consistent cash dividend policy.

On the stock market, during the December 12th trading session, SCS shares traded at around 54,800 VND per share, with a market capitalization of 5,199 billion VND.

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