Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank – Stock Code: CTG) has recently announced a resolution by its Board of Directors approving the payment of cash dividends to shareholders for the year 2024.
The bank will finalize the shareholder list on October 15, 2025, to distribute a cash dividend at a rate of 4.5%, meaning each shareholder holding one share will receive 450 VND. The payment is scheduled for November 17, 2025.
With approximately 5.37 billion outstanding shares, VietinBank is expected to allocate over 2,400 billion VND for this cash dividend payout.
This marks the first time in nearly four years that VietinBank has paid cash dividends to its shareholders. The last cash dividend distribution occurred in late 2021, with a dividend rate of 8%.
In addition to cash dividends, VietinBank also plans to issue stock dividends.
Earlier, the 2025 Annual General Meeting of Shareholders approved a plan to increase the charter capital by issuing shares as dividends for the period 2009-2016, raising the charter capital from 53,700 billion VND to 77,671 billion VND, a 44.6% increase. Accordingly, VietinBank plans to issue up to 2.4 billion shares to existing shareholders. The funding will come from retained earnings from 2021, 2022, and the 2009-2016 period.
The General Meeting of Shareholders has authorized the Board of Directors to determine the specific issuance date upon approval from the competent authorities.
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