This week, 20 companies announced dividend payout dates. Among them, 16 firms will pay cash dividends, one will issue additional shares, and another will distribute bonus shares.
KIDO Exits the Ice Cream Business
KIDO Group (stock code: KDC) has released a document seeking shareholder approval for several critical decisions. Notably, KIDO plans to transfer its remaining 49% stake in KIDO Frozen Food Company (KIDO Foods, stock code: KDF).
KIDO intends to sell over 36 million KDF shares to Nutifood Nutrition Food Joint Stock Company or its designated partners for approximately VND 2.5 trillion. If approved, KIDO will completely exit the ice cream and frozen food sectors.
KIDO Group will fully withdraw from the ice cream and frozen food industries.
In 2023, KIDO proposed selling a 24% stake in KDF to Nutifood, but shareholders rejected this plan at an extraordinary meeting in 2024.
Additionally, KIDO seeks approval to cancel the transfer of 34 trademarks, including Merino, Celano, and Wel Yo, from KDF to KIDO Group. These trademarks will revert to KIDO Foods, meaning Nutifood will control both production and leading Vietnamese ice cream brands if the acquisition succeeds.
KIDO also proposes delaying the 2024 cash dividend payment until Q1/2026, citing economic challenges, cost pressures, and intense competition. The company prioritizes cash flow for Q4/2025 and Q1/2026 operations.
Furthermore, KIDO requests approval to expand into real estate, mobile food services, entertainment, and wholesale trade. Shareholders must submit their opinions by 5 PM on December 11.
ESOP Plan Halted
Vietravel JSC (stock code: VTR) has set December 9 as the ex-dividend date for issuing nearly 8.6 million bonus shares at a 10:1.5 ratio, meaning shareholders receive 1.5 new shares for every 10 held.
This bonus issue is part of a 2025 capital increase plan, alongside an ESOP program offering nearly 2.9 million shares at VND 10,000 each. Full implementation would raise VTR’s charter capital to over VND 693 billion.
VTR also approved divesting its entire 18.5 million-share stake in Vietravel Airlines.
However, in mid-November, VTR suspended the 2025 ESOP plan pending revisions and resubmission to shareholders. With only the bonus issue proceeding, expected charter capital will rise to approximately VND 665 billion.
Earlier, VTR paused written shareholder consultations on business line and charter amendments due to Decision 36/2025/QĐ-TTg on Vietnam’s economic sector classification, effective November 15, 2025, which lacks detailed implementation guidelines.
Notably, VTR approved divesting its entire 18.5 million-share stake in Vietravel Airlines by year-end 2025. Post-divestment, Vietravel Airlines’ shareholders will include Vietravel Group, T&T Airlines, T&T SuperPort, BVIM Fund, and individual investors.
Idico Corporation (stock code: IDC) will pay a 15% interim cash dividend for 2025, equivalent to VND 1,500 per share. The record date is December 4, with payment scheduled for December 23.
With over 379 million outstanding shares, Idico will allocate more than VND 569 billion for this dividend. As of September 30, S.S.G Group, holding 22.5% of Idico, will receive over VND 128 billion.
Hong River Garment JSC (stock code: MSH) will finalize its 2025 interim dividend list on December 2, offering a 40% cash payout. With over 112 million shares, the dividend will total more than VND 450 billion.
Kido to Return Merino and Celano Brands to Nutifood, Delays Dividend Payment
Kido proposes to shareholders the transfer of the remaining 49% stake in KDF to Nutifood, while also returning ownership of the Merino and Celano brands to KDF.
Vietravel and Vietravel Airlines Part Ways
Vietravel’s Board of Directors has approved a resolution to divest its entire stake in Vietravel Airlines, marking the end of a tumultuous investment journey in the aviation sector.
KIDO Offers to Sell 49% Stake in KDF to Nutifood for VND 2.5 Trillion, Fully Exiting the Ice Cream Sector
KIDO Group (HOSE: KDC) has recently released a shareholder consultation document outlining several key initiatives. Among these, the most notable is the company’s plan to fully divest from its ice cream business segment.
KIDO Announces Plans to Exit Ice Cream Business, Selling Remaining 49% Stake in KIDO Foods to Nutifood
KIDO Group is seeking shareholder approval for a complete divestment from its ice cream division (KIDO Foods), aiming to resolve the ownership issues surrounding the Merino and Celano brands. Additionally, the company proposes postponing dividend payments for 2024.
PVI’s Reinsurance Company to Pay 12.5% Interim Cash Dividend
Hanoi Reinsurance Corporation (Hanoi Re, HNX: PRE) has announced a dividend payout for its shareholders. The company will distribute an interim cash dividend for the first phase of 2025 at a rate of 12.5% (1,250 VND per share). The ex-dividend date is set for December 2nd.
