Record-Breaking Cash Dividend Payout Announced by Company in October

Since its listing on the Hanoi Stock Exchange (HNX) in late 2015, this company has consistently rewarded shareholders with annual cash dividends.

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Recently, Trang Joint Stock Company (stock code: TFC) announced that October 1, 2025, will be the final registration date for the 2024 cash dividend payout at a rate of 20% per share (each share receives 2,000 VND). The ex-dividend date is September 30, and the payment is scheduled for October 24.

With over 16.8 million outstanding shares, TFC is estimated to allocate approximately 34 billion VND for this dividend distribution.

Established in July 2004, Trang Joint Stock Company (TrangCorp) operates in the food industry with a manufacturing facility in the Hiep Phuoc Industrial Zone, Ho Chi Minh City. The plant specializes in producing frozen seafood products, catering to export markets in Europe, the Americas, and Australia. Its core business activities include processing, preserving seafood and seafood-based products, as well as manufacturing baked goods and ready-to-eat meals.

Since its listing on the HNX at the end of 2015, TFC has consistently paid annual cash dividends, except in 2016 (when it issued stock dividends) and 2021 (due to the impact of the COVID-19 pandemic).

2024 marks TFC’s record-high cash dividend payout, driven by robust financial performance. Specifically, the company’s 2024 revenue and after-tax profit reached 904 billion VND and 162 billion VND, respectively, reflecting year-over-year growth of 16% and 211%. These figures represent the highest levels in the company’s history.

In the first half of 2025, TFC reported net revenue of over 443 billion VND and net profit of nearly 72 billion VND, up 55% and 2.3 times year-over-year, respectively. This performance equates to more than 40% of the annual revenue and profit targets.

On the stock market, TFC shares are currently trading at 67,000 VND per share, marking a 40% increase since the beginning of the year.

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