HCMC – KIDO Group Corporation (HOSE: KDC) has announced it will pay a 12% cash dividend for 2024, reversing an earlier decision to delay the payment due to economic uncertainties.
Shareholders will get VND1,200 for every share held. With nearly 289.8 million outstanding shares, the total amount is estimated at about VND348 billion.
January 14 has been set as the record date for shareholders eligible to receive the dividend. The payment is scheduled to begin on January 28, 2026.
In November, KIDO had sought shareholder approval to temporarily suspend the 2024 cash dividend. The company said the economic outlook for 2025 remained challenging, with rising costs and strong competition putting pressure on operations. The company said it needed to conserve cash to support business activity in the fourth quarter of 2025 and the first quarter of 2026, leading to a planned delay in the dividend payment.
KIDO reported revenue of more than VND6.75 trillion in the first nine months of 2025, up 13% from a year earlier. Net profit rose to VND157.3 billion, an surge of more than 124% year-on-year.
For 2025, the company looks to obtain revenue of VND13 trillion and pre-tax profit of VND800 billion. After nine months, it had achieved about 52% of its revenue target and nearly 20% of its profit goal.
Closing the trading session today, December 29, KDC edged down 0.19% to VND51,900, with 273,600 shares changing hands.
Vietnam stocks climbed on Monday, led by gains in property and insurance shares, while trading activity fell sharply from the previous session.
The VN-Index on the Hochiminh Stock Exchange added 25.04 points, or 1.45%, to close at 1,754.84, with 189 winners and 126 losers.
Total trading volume reached more than 681.1 million shares valued at VND22.17 trillion. This was down 37% in volume and 32.2% in value from the previous session. Block deals accounted for 168.6 million shares worth over VND5.6 trillion.
Large-cap stocks drove the market higher. The VN30-Index gained more than 24.69 points to 1,990.66, with 19 stocks rising and five posting slight declines.
VHM and VIC were the biggest contributors. VHM surged to its ceiling price of VND117,000, while VIC gained 3% to a record high of VND159,700.
Energy and banking stocks also supported the market. GAS climbed 6.5%, while PLX added 2.7%. STB rose 4.2%.
Insurance stocks led sectoral gains. BVH closed at the upper limits. BIC rose 4.9%, MIG 3.9%, PVI 2.54% and BMI 1.2%.
Property shares followed, driven by VinGroup-related stocks. NVL jumped 6.8% to its ceiling price of VND14,150, with trading volume of 15.25 million shares.
Energy stocks were mixed but active. BSR rose 2.8% and ranked among the most traded stocks, with 17.5 million shares changing hands. PVD gained 4.2% on volume of 10.74 million shares.
Banking, securities and steel stocks moved around reference levels. The most actively traded stocks were those of banks. SHB fell 0.9% on volume of 44.77 million shares, the highest on the market. STB rose 4.2% on 22.4 million shares. VPB slipped 0.5% on volume of 20.35 million shares.
On the Hanoi Stock Exchange, the HNX-Index inched up 0.69 point, or 0.28%, to 251.22. There were 74 gainers and 54 decliners on the northern bourse. Trading volume reached 59.5 million shares worth VND1.3 trillion.
