The decision comes on the heels of a remarkable fiscal year in 2024, in which the company achieved a historic revenue milestone by exceeding VNĐ1 trillion (US$38.4 million), marking a 47 per cent increase from the previous year.
For the first time in nine years, Sacombank announced plan to distribute dividends by issuing shares to existing shareholders to increase charter capital.
Many listed businesses in Việt Nam have have concluded their arrangements to distribute cash dividends to shareholders, with the highest dividend rate reaching 33.5 per cent.
The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank, stock code: HDB) will pay a dividend of 25 per cent, 10 per cent in cash and 15 per cent in stocks, for 2023, according to documents to be...
Banks are set to continue their practice of paying stock dividends this year in order to bolster their capital and attract cash flow, driven by positive prospects.
The positive performance was attributable to the increase in fee income from products and services, digital banking, and capital optimisation that VIB has simultaneously implemented since five years.