HCMC – Vietnam Dairy Products JSC (Vinamilk, HOSE: VNM) said it will pay a 28.5% cash dividend, with October 17 set as the record date.
Shareholders will get VND2,850 for every share held, including a 3.5% final tranche of 2024 and a 25% advance for 2025. With nearly 2.09 billion outstanding shares, the payout is estimated at VND5.96 trillion. The ex-dividend date is October 16 and payments are scheduled for October 24.
Vinamilk previously made three tranches of cash dividend payments for 2024, totaling 40%. The company’s total dividend for the year will reach 43.5%, or more than VND9.09 trillion.
For 2025, Vinamilk eyes consolidated revenue of VND64.5 trillion and pre-tax profit of VND12.1 trillion, both up 4.3% from 2024. It plans a minimum cash dividend of 50% of after-tax profit.
In the first half of 2025, the company reported consolidated revenue of VND29.7 trillion, down 3.5% from a year earlier, achieving 46.1% of its full-year plan. Pre-tax profit fell 16% to VND5.05 trillion, or 41.7% of the target.
Closing the trading session today, October 3, VNM inched down 0.16% to VND61,300, with nearly four million shares changing hands.
The benchmark VN-Index closed down 6.89 points, or 0.42%, at 1,645.82 on Friday, with 229 decliners and 85 gainers on the Hochiminh Stock Exchange.
More than 860.6 million shares worth VND24.56 trillion changed hands, up 10% in volume and 8% in value over the previous session. Block deals accounted for over 35.1 million shares valued at VND1.4 trillion. For the week, the index lost nearly 15 points, or 0.89%.
Vingroup-related stocks were in focus. Retail arm VRE fell more than 3.5% during the session before rebounding to close up 3% at VND32,750. VIC rose 3.2% to VND176,500.
Among other large caps, FPT, VHM, and LPB added around 1.5%. HDB, VPB, GVR, and STB dropped 2-3%, while CTG, SSB, HPG, PLX, SHB, and MSN lost 1.4-1.8%. SHB and HPG took the lead by liquidity with 64.4 million and 58.1 million shares traded.
Mid- and small-cap stocks were mixed. C47 hit the ceiling price, while agriculture firms HSL and ANV also gained, with ANV recording more than 8.2 million shares matched. Property and construction stocks extended losses, falling between 3% and 6%.
On the Hanoi Stock Exchange, the HNX-Index slipped 3.8 points, or 1.41%, to 265.75, with 46 winners and 107 losers. Trading volume reached 99.6 million shares valued at VND2.12 trillion.
