HCM CITY (VNS)— Binh Dinh Minerals Co (BMC) paid VND18.6 billion (US$905,000) from undistributed profits to finance its first-phase dividend this year. The 15-per-cent dividend payout will be made in cash.
The dividend is equivalent to the company's second-quarter profit of nearly VND19 billion. Retained profits reached over VND78 billion ($3.7 million).
BMC plans to pay total cash dividends of 40 per cent this year, down 10 per cent from the 2012 dividend. —VNS