HCMC – PetroVietnam Gas Joint Stock Corporation (PV GAS), whose GAS shares are traded on the Hochiminh Stock Exchange, said that it will spend around VND13.8 trillion paying a 60% cash dividend for 2023.
That means shareholders will receive VND6,000 for every share held, marking PV GAS’s highest dividend payment ever.
The list of shareholders eligible for the 2023 dividend will be finalized on September 16, and the payment will be made on November 28.
With nearly 2.3 billion outstanding shares, the firm will need to spend around VND13.8 trillion on the dividend payment. Of this amount, Vietnam Oil and Gas Group (PVN), which holds a stake of 95.76%, will receive nearly VND13.2 trillion.
Regarding business performance, PV GAS achieved total revenue of VND53.4 trillion in the first half of this year, an 18% rise versus the year-ago period. Its before-tax profit reached VND7.4 trillion, down by 10% against the previous year.
Closing the trading session today, August 22, GAS inched down by 0.59% day-on-day to VND84,500 per share, with 1.3 million shares changing hands.
With 171 stocks advancing and 228 declining, the VN-Index lost 1.27 points, or 0.1% against yesterday’s session, at 1,282.78 points.
More than 687.3 million shares worth VND15.6 trillion were traded on the southern bourse, down by 18% in volume and 24% in value compared to the previous session. Block deal transactions accounted for VND1.57 trillion.
VRE stole the spotlight as it jumped 4.3% day-on-day, with more than 22 million units changing hands. Meanwhile, SSB extended its upward momentum and became the best performer in the VN30 index as it rose by 4.9% to VND22,700 per share.
Blue-chip stocks declined slightly, with POW, GVR, MBB, VNM and HPG falling by 1.1% to 1.5%. HPG took the lead by liquidity, with over 24 million shares traded.
On the northern exchange, the HNX-Index improved by merely 0.06 point, or 0.02%, against the day earlier at 238.47 points. The trade volume exceeded 59 million shares valued at VND1.01 trillion.
