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.
FPT Digital Retail Joint Stock Company, a subsidiary of IT giant FPT Corporation, will issue 10.3 million shares worth VND103 billion (US$4.4 million) to pay dividends in the next quarter of the year.
Viet Nam Prosperity Joint Stock Commercial Bank (VPBank) will pay shareholders stock dividend at the rate of 61.82 per cent for 2017’s business result, the company announced.
SAM Holdings Corp is seeking its shareholders’ approval to issue additional 101 million shares and offer a stock dividend rate of 3 per cent for the 2017 business result.