CTCP Phục vụ Mai táng Hải Phòng (stock code CPH) announced the ex-dividend date for the 2024 cash dividend on May 16, 2025, at a rate of 19.6%, equivalent to 1,960 VND/share. Meanwhile, the stock market price is only about 300 VND/share, indicating a dividend yield 6.5 times higher than the stock value. The company will allocate nearly 8.6 billion VND for this dividend with 4.4 million shares outstanding. CPH is the only company on the stock exchange operating in the burial service sector and has maintained a consistent annual dividend policy of 15-20%. In 2024, the company reported revenue of nearly 152 billion VND, an increase of 15% compared to the previous year, with a net profit of 10.8 billion VND. In 2025, CPH expects revenues to fall to 120 billion VND and faces several challenges from increasing competition and fluctuating demand for funeral services.
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