A maritime company announces cash dividend payout of 41%

The Marine Construction Consultancy Joint Stock Company (TVH) has announced it will finalize the shareholder list for the 2024 cash dividend payout at a rate of 41%, equivalent to 4,100 VND per share, on June 12, 2025. The dividend payment is expected on July 15, 2025, with a total payout of around 16 billion VND. The Vietnam Maritime Corporation (VIMC) holds nearly 2 million shares (49% of the capital), set to receive over 8 billion VND. TVH has a strong tradition of high dividend payments, raising the rate annually, with the current 41% being a record. In 2024, the company recorded nearly 56 billion VND in revenue, up 19%, with after-tax profits maintaining at 26.4 billion VND. For 2025, TVH aims for cautious revenue targets of 164 billion VND and pre-tax profits of 31 billion VND, while committing to a dividend of no less than 35%. TVH shares closed at 16,300 VND per share.

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