HCMC – Vietnam Technological and Commercial Joint Stock Bank (HOSE: TCB) will distribute more than VND7.08 trillion in cash dividend for 2024 this October, equivalent to 10% of its charter capital.
Each shareholder will receive VND1,000 per share, with the payment covering over 7.08 billion outstanding shares. The dividend plan, sourced from undistributed profits after fund allocations as of December 31, 2024, was approved at the bank’s 2025 general meeting.
Closing the trading session today, September 16, TCB gained 0.9% to VND39,350, with over 30.1 million shares changing hands.
The VN-Index lost four points, or 0.24%, to end at 1,680.9, with 114 advancers and 210 decliners. Market liquidity improved, with more than 1.33 billion shares worth VND41.3 trillion traded, up 20% in volume and 22% in value against the previous session. Block deals contributed 97.7 million shares valued at VND2.57 trillion.
Vingroup stocks dragged the market, with VIC and VHM together taking nearly four points off the index. Meanwhile, VNM, HVN, CTG, and MBB provided support, with HVN jumping 5.4% to VND38,250, and VNM and MBB rising 2.5% each to VND64,700 and VND27,500, respectively.
In the banking sector, VPB and SHB were the most actively traded stocks, with 70.2 million and 87.1 million shares matched, edging up 0.5% and 2.3%, respectively.
Among mid- and small-cap stocks, VNE, JVC, DAH, and TEG hit the ceiling, while BKG, VIP, ELC, STK, TNI, HID, HSL, and CIG added between 3% and 4.5%.
On the Hanoi exchange, the HNX-Index shed 1.71 points, or 0.61%, to 278.98, with 60 gainers and 95 losers. Some 100.7 million shares worth VND2.41 trillion were traded, while block deals contributed 670,000 shares valued at VND10.8 billion.
