Vietjet to pay dividend of 60%

Monday, May 21, 2018 17:10

A Vietjet aicraft takes off from Tan Son Nhat International Airport in HCM City. — VNS Photo

Vietjet Aviation Joint Stock Company (HOSE code: VJC) has received approval from the State Securities Commission of Viet Nam to pay dividends of 60 per cent in 2018.

Accordingly, Vietjet has been allowed to pay a cash dividend of 40 per cent and a dividend of 20 per cent by share.

Earlier at its General Annual Shareholders Meeting 2018 in HCM City, Vietjet Board of Directors approved the final registration date for receiving dividend payment by shares on July 2. Shareholders who own 10 shares will receive two new shares.

After having completed dividend payment, Vietjet’s charter capital will increase from VND4.51 trillion (US$200 million) to VND5.41 trillion ($240 million).

Previously, the company paid a dividend of 40 per cent by cash in 2017.

Over the years, Vietjet has regularly paid high dividends from time to time over 100 per cent to its shareholders.

The closing price of VJC shares at the trading session on Monday was VND184,000 per share, down 3.2 per cent. — VNS

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