KDC to pay 14% dividend in cash

tohang

Food and flavours producer Kido Corporation will pay dividends of VND1,400 per each share in cash for 2015.

ood and flavours producer Kido Corporation will pay dividends of VND1,400 per each share in cash for 2015. — Photo vietstock.vn
HCM CITY (Biz Hub) — Food and flavours producer Kido Corporation will pay dividends of VND1,400 per each share in cash for 2015.

It will mean an outgo of nearly VND290 billion (US$13.2 million) on nearly 206 million shares

The company said the record date would be September 16 and dividend payments would start on September 27.

Kido used to be a confectionary company, but in 2015 switched to making and trading foods and flavours, including cooking oil and instant noodles.

Last week it exited the snack business after selling the remaining 20 per cent it had held to Mondelez Group for VND2 trillion ($91 million).

The company said it would focus on mergers and acquisitions to widen its new business. — VNS


  • Share:

see also

PV Trans set to achieve record-high business results this year

PV Trans set to achieve record-high business results this year

Consolidated revenue for the year 2024 is estimated to reach VNĐ12 trillion (US$472.1 million), with profits before tax expected to hit VNĐ1.8 trillion.
Market cautious as liquidity drops significantly

Market cautious as liquidity drops significantly

On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index closed at 1,272.87 points, down 1.17 points or 0.09 per cent. Market breadth remained negative, with 171 declining stocks, 149 advancing and 49 unchanged. Liquidity saw a sharp decline to...
Việt Nams aviation industry soars towards growth

Việt Nam's aviation industry soars towards growth

Vietnamese airlines are proactively gearing up, expanding their fleets and launching early ticket sales for the Lunar New Year to cater for the rising demand.
Blue chips drive strong market rally, VN-Index surpasses 1,270 points

Blue chips drive strong market rally, VN-Index surpasses 1,270 points

The VN30-Index, which represents the 30 largest stocks by market capitalisation on the HoSE, soared by 19.21 points, or 1.45 per cent, to settle at 1,342.48 points. Remarkably, all 30 stocks in the VN30 basket closed in positive territory.
Finance ministry announces five credit rating enterprises

Finance ministry announces five credit rating enterprises

One more company has been granted the certificate of eligibility since August.