A Securities Company Announced a 10% Dividend Distribution Date

BIDV Securities Company (BSC, ticker: BSI) announced a dividend payment in shares at a rate of 10:1, meaning shareholders with 10 shares will receive 1 new share. The cut-off date for dividend registration is June 12, corresponding to the issuance of over 22.3 million shares, increasing the charter capital to nearly 2.454 trillion VND. This issuance aims to support business operations and growth objectives. This plan was approved at the 2025 annual general meeting of shareholders. BSC targets a pre-tax profit of 560 billion VND in 2025, a 9% increase over last year’s figures. In the market, BSI shares are expected to gain due to macroeconomic recovery and low-interest-rate environments. However, in Q1 2025, revenues fell by 4% to 337 billion VND, and after-tax profit dropped 41% to 81 billion VND due to increased operational costs.