CTCP Vinacafe Biên Hòa (Ticker: VCF, HoSE) announced that it will finalize the shareholder list on 1st October to pay a dividend for the year 2024 in cash at a rate of 480%, equating to 48,000 VND per share, with the payment date set for 8th October. With over 265.7 million shares in circulation, the total value of this dividend payment is nearly 1.276 trillion VND. Vinacafe is one of the highest cash dividend paying companies in the market. The company TNHH MTV Masan Beverage holds 98.79% of VCF’s voting shares, having primarily controlled Vinacafe since 2010. Share prices for VCF are among the highest on HoSE, peaking at 335,000 VND per share as of 18th September. In the first six months of the year, Vinacafe achieved a revenue of 1.309 trillion VND and a net profit of 249 billion VND, with a target revenue for 2025 between 2.7-2.95 trillion VND.
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