Corporate Events Calendar

Companies Finalizing Dividend Payouts for the Week of 08/26/2024 – 08/30/2024

The company with the most notable dividend payout ratio is Binh Dinh Food Joint Stock Company (UPCoM: BLT). With a modest circulating supply of just 4 million shares, the company is estimated to require VND 35.2 billion to complete the dividend payout. The ex-dividend date is set for August 29th, and shareholders can expect to receive their dividends on September 18th, 2024.

Notably, the majority of the dividends will go to BLT’s parent company, the Southern Food Corporation, which holds a 51% stake and is expected to receive approximately VND 18 billion. In recent years, BLT has consistently exceeded its dividend payout plans. In 2022, the company initially planned for a 5.75% dividend payout but ultimately distributed 140%, resulting in 14,000 VND per share.

Ranking second is Cat Lai Port (HOSE: CLL) with a dividend ratio of 26%, translating to 2,600 VND per share. With 34 million circulating shares, CLL is estimated to require VND 88.4 billion for this dividend payout. The ex-dividend date is August 30th, and the payment is expected on September 16th, 2024.

According to CLL’s Q2/2024 financial statements, its two largest shareholders are Tan Cang Sai Gon One-Member Limited Company and Cong Ich Thanh Nien Xung Phong One-Member Limited Company, holding 25.6% and 22.1% stakes, respectively. These state-owned enterprises, which are also CLL’s founding shareholders, stand to receive nearly VND 23 billion and over VND 19 billion from the upcoming dividend payout.

Another noteworthy company is SGN, with a dividend ratio of 25%, equivalent to 2,500 VND per share. With over 33.5 million shares, the company is expected to distribute approximately VND 84 billion. The ex-dividend date is August 29th, 2024, and the payment date is scheduled for September 30th, 2024.

In the coming week, three companies will finalize dividend payouts in the form of stock dividends: two banks, OCB and MSB, and one enterprise, GEG. MSB takes the lead with a ratio of 100:30 (30%), meaning for every 100 shares held, investors will receive 30 new shares. MSB plans to issue an additional 600 million shares for this dividend payout, with an ex-dividend date of August 29th.

OCB, with a ratio of 5:1 (20%), will issue nearly 411 million new shares. The ex-dividend date for OCB is also set for August 29th, 2024.

Châu An