A seafood company prepares to pay a 15% cash dividend and sell shares at 10,000 VND

CTCP Thủy sản Cà Mau (Seaprimexco, stock code CAT) announced a 15% cash dividend for the first payment of 2025, equivalent to 1,500 VND per share, totaling around 14 billion VND. The company has maintained a stable dividend policy since 2018, with a minimum rate of 10%, peaking at 30% in 2020. Mr. Bùi Vĩnh Hoàng Chương, the Chairman of the Board, and CTCP Chứng khoán Bảo Việt (BVS) are the largest dividend recipients, holding 11.11% and 10% of shares, respectively. Additionally, Seaprimexco plans to issue over 4.6 million shares for existing shareholders at 10,000 VND per share to raise over 46.2 billion VND to repay bank loans. The share issuance will not be restricted from transfer, and if successful, the company’s charter capital will increase to over 143.7 billion VND, marking the first capital increase since 2013. The stock price of CAT on November 28 was 16,300 VND.