TTT Sustains 5 Consecutive Years of 20% Cash Dividend Payouts

Tay Ninh Tourism and Trading Joint Stock Company (HNX: TTT) has announced the finalization of its shareholder list for the 2024 cash dividend distribution. Shareholders will receive a 20% dividend, equivalent to VND 2,000 per share. The ex-dividend date is set for October 28, with the payment expected to commence on November 25.

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With nearly 4.6 million outstanding shares, TTT plans to allocate approximately VND 9 billion for dividend payments for the past year. This marks the fifth consecutive year the company has maintained a 20% payout ratio and the 12th consecutive year of implementing a cash dividend policy.

TTT’s Financial Performance Over the Years

During 2018-2019, TTT distributed its highest dividend at 30%. Since 2020, the company adjusted the ratio to 20% and has maintained it despite fluctuating profits. Specifically, in 2020-2021, TTT‘s profits declined significantly due to the impact of the COVID-19 pandemic. However, from 2022-2024, business results recovered, with profits consistently exceeding VND 20 billion annually.

In 2025, TTT aims for a consolidated pre-tax profit of nearly VND 32 billion, similar to the previous year, and plans to continue distributing a 20% cash dividend.

TTT’s 6-Month Financial Performance Over the Years

By the end of the first half of 2025, the company recorded nearly VND 95 billion in net revenue and over VND 22 billion in net profit, up 20% and 25% year-on-year, respectively. Thus, TTT has surpassed its annual profit target by 23% in just six months.

Source: VietstockFinance

As of June 30, 2025, TTT‘s largest shareholder remains CTCP Dia Cau, holding 24.5% of the capital, expected to receive approximately VND 2.2 billion in dividends. Two other major shareholders, Olympia LLC and Anh Duong Construction Consulting LLC, each hold 24% of the capital, receiving nearly VND 2.2 billion each.

Khang Di

– 3:58 PM, October 8, 2025

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