In its latest announcement, the Board of Directors of Que Phong Hydropower Joint Stock Company (stock code: QPH) has approved a supplementary dividend payment plan. The payout ratio is set at 100%, meaning shareholders will receive 10,000 VND for every share held.
The company will finalize the shareholder list for dividend distribution on October 16, 2025, with payments expected to commence on October 30, 2025.
With approximately 18.6 million outstanding shares, Que Phong Hydropower is projected to allocate nearly 186 billion VND for this dividend payout. As of June 30, 2025, the company’s undistributed net profit stood at nearly 225 billion VND.
Regarding ownership structure, the major shareholders of Que Phong Hydropower are Trung Son Power Corporation (holding 85.5% of capital) and CEO Le Thai Hung (7.18% of capital).
Notably, just before the company announced the dividend, Mr. Le Thai Hung registered to sell his entire holding of 1.3 million QPH shares to restructure his portfolio. The transaction is scheduled to take place between September 8 and October 6, 2025.
Currently, Que Phong Hydropower operates two hydropower plants, Ban Coc and Sao Va, both located in Que Phong District, Nghe An Province.
In the market, QPH shares closed the morning session on September 29 at 54,600 VND per share—an all-time high and a doubling in value since the beginning of 2025.
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