According to statistics, 41 companies announced dividend lock-in during the week of May 13-17, with 37 companies paying cash dividends, 2 companies paying stock dividends, and 2 companies paying a combination of both.
This week, up to 14 companies are paying cash dividends of over 15%, with the highest payout ratio being 350% and the lowest at 1%.
Tan Tien Plastic Packaging JSC (TTP) announced that May 24 will be the record date for shareholders to receive 2023 dividends in cash at a rate of 350%, meaning that for every share owned, shareholders will receive VND 35,000 in dividends. With 13.5 million TTP shares outstanding, the company is expected to pay out approximately VND 472 billion in dividends for this period. The payment date is expected to be June 14.
Looking back at historical data, this packaging company has never failed to pay cash dividends to shareholders. In the last three years, dividends have been maintained at 15% annually. Thus, the 2023 dividend is tens of times higher than in previous years and is a record high for the company.
On May 23, Hanoi Battery Joint Stock Company (PHN) will finalize the list of shareholders to pay the second installment of 2023 dividends at a rate of 20% (VND 2,000 per share) and the first installment of 2024 interim dividends at a rate of 30% (VND 3,000 per share).
The expected payment date is June 3. With more than 7.25 million shares outstanding, the company plans to spend about VND 36 billion on dividends for this period.
Techcombank (TCB) announced that May 22 will be the record date for shareholders to receive cash dividends at a rate of 15% per share, or VND 1,500 per share. The expected cash dividend payout is VND 5,283 billion. The cash dividend payment date is June 5, 2024.
It is worth noting that 2024 is the first year after a decade that Techcombank has resumed cash dividend payments. On the other hand, the last time the bank issued stock dividends was in 2018, with a ratio of up to 200%.
VPBank (VPB) announced that May 23, 2024, is the record date for shareholders to receive 2023 cash dividends. With a dividend payout ratio of 10% (VND 1,000 per share), VPBank is expected to use VND 7,934 billion for this dividend period. The dividend payment date is May 31, 2024.
This will be the second consecutive year that the bank has paid cash dividends to shareholders, closely following the roadmap outlined by the bank’s management at the last two annual general meetings of shareholders.
Military Bank (MBB) announced that May 24 is the record date for shareholders to receive a 5% cash dividend (the ex-dividend date is May 23). The dividend payment will be made on June 14. Accordingly, MB will allocate VND 2,653 billion for cash dividends, equivalent to VND 500 per share.
Previously, at the 2024 Annual General Meeting of Shareholders of MB, a dividend plan of 20% was approved, including 15% in shares and 5% in cash.
