HCMC – Military Commercial Joint Stock Bank (HOSE: MBB) will finalize its shareholders list on August 14 to distribute a 35% dividend in both shares and cash, the lender said.
The bank will issue over 1.95 billion shares, or 32% of its outstanding shares. Shareholders will get 32 new shares for every 100 held. Fractional and undistributed shares will be managed by the bank’s labor union. The new shares will be funded by the bank’s 2024 retained earnings.
MBB will also pay a 3% cash dividend, meaning shareholders will be paid VND300 for every share held. With more than 6.1 billion outstanding shares, the total cash payout will be around VND1.83 trillion. The payment is slated for August 21.
According to its earnings report, the lender’s second-quarter operating income rose 22% year-on-year to VND17.25 trillion. Net profit fell 1.6% to VND6.01 trillion due to higher risk provisions.
In the first half of 2025, the bank posted a 24.6% rise in operating income to VND32.57 trillion. Net profit grew 18.2% to VND12.68 trillion.
Closing the trading session today, August 7, MBB extended its winning streak to the fourth straight session with a 0.49% increase. It ended the day at VND30,750 and posted a trading volume of nearly 27 million shares.
Gains in steel and banking shares drove up the Hochiminh Stock Exchange’s VN-Index. The index added 8.1 points, or 0.51%, to 1,581.81 points, with 223 winners and 106 losers.
Market liquidity saw a sharp increase. Trading volume reached nearly 1.7 billion shares worth VND44.16 trillion, up 24% in volume and 13% in value over the previous session. Block deals accounted for over 92.5 million shares valued at VND2.75 trillion.
Steel producer HPG, along with lenders TPB and VPB, were the largest contributors, adding more than seven points to the main index.
HPG rose 5.2% to VND28,500, the highest level in over three years. It continued taking the lead in trading volume with 139.1 million shares exchanged.
TPB and VPB both hit their upper limits, closing at VND19,450 and VND28,950, respectively. TPB saw 73.6 million shares traded, while VPB recorded 62.5 million. BID and rubber producer GVR also gained nearly 2.5% each.
Vingroup-related stocks weighed on the index. VHM and VIC fell around 2-3%. VRE edged up 1.3% to VND30,500.
On the Hanoi Stock Exchange, the HNX-Index rose 2.2 points, or 0.82%, to 270.86 points. There were 102 advancers and 73 decliners on the northern exchange. Total trading volume reached 132.3 million shares valued at VND2.72 trillion.
