HCMC — Vietnam Rubber Group – Joint Stock Company (GVR) is set to spend VND1.6 trillion on its 2024 cash dividend payment plan, with the record date set for November 14, ahead of its upcoming extraordinary shareholders’ meeting.
The group will pay a cash dividend of 4%, equivalent to VND400 per share, with payment scheduled for December 12, 2025. With four billion shares in circulation, the total amount will be around VND1.6 trillion. For 2025, the group plans to maintain the same dividend rate of 4%.
Closing the trading session today, October 28, GVR shares rose 150 points, or 0.55%, to VND27,550, with 1.41 million shares changing hands, giving the company a market capitalization of approximately VND110.2 trillion.
The VN-Index climbed 27.96 points, or 1.69%, to 1,680.5 points, with 219 gainers and 94 decliners. Trading volume totaled over 933.8 million shares worth nearly VND29.64 trillion.
Bluechips led the rally, with Vingroup-family stocks, including VHM, VRE, and VIC, rebounding from their floor prices to close up 0.5%, 1.9%, and 2.9%, respectively. Vietjet (VJC) hit its ceiling price, surging 7% to VND187,500, while FPT advanced 4.3% to VND102,200.
Bank stocks such as TPB, TCB, and VIB, along with steelmaker HPG, securities firm SSI, and retailer MWG, all gained between 2% and 4%, contributing strongly to the rise of the benchmark stock index.
Mid-cap and small-cap stocks also saw strong bottom-fishing demand, with CTD, HAH, ITC, and HSL hitting their ceiling prices.
On the Hanoi Stock Exchange, the HNX-Index reversed early losses to close up 1.42 points, or 0.54%, at 266.78 points, with 90 advancers and 53 decliners. Trading volume reached over 112 million shares worth VND2.45 trillion.
