Wave of real estate companies set to distribute “huge” dividends, led by billionaire Pham Nhat Vuong’s company

The current stock prices of real estate companies are preparing to distribute large dividends. Vietnam Exhibition Fair Center (VEFAC) plans to distribute dividends at a rate of 435%, equivalent to 43,500 VND per share, with a total value of about 7.247 trillion VND. VEF reported a revenue of 18.605 trillion VND in Q1 2025. SJ Group (SJS) will issue over 86 million shares for dividends, with a total issuance ratio of 159%. Similarly, Industrial Urban Development No. 2 (D2D) plans to pay a cash dividend of 84%. Vinaconex (VCG) announced a 16% dividend payout. Additionally, Thang Long Investment Group (TIG) plans to distribute a 10% dividend and issue 240 million shares. Khang Dien (KDH) will distribute a 10% dividend in stock for 2024, and Dat Phuong (DPG) is set to pay a cash dividend of 10% and issue nearly 38 million new shares. These strategies are aimed at enhancing capital in preparation for the upcoming recovery phase, as the real estate market is forecast to return in 2025.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts