CTCP Green Port (VGR) announced a 30% dividend payout in shares on July 28, with an ex-dividend date on July 25. The company will issue nearly 19 million new shares, increasing its charter capital to over 822 billion VND. Previously, VGR distributed a 40% cash dividend, bringing the total to 70% for 2024. Green Port was established by Vietnam Container Corporation and VIPCO Oil Transport Company, located advantageously in Hai Phong. Since 2018, it has maintained a consistent cash dividend policy, paying out 70% in cash for 2023. In 2024, VGR achieved more than 1,093 billion VND in revenue, a 22% increase, and a net profit of 341 billion VND, growing over 25%. In Q1 2025, revenue reached 256 billion VND, up 5.8%. Meanwhile, the parent company Viconship reduced its stake in VGR from 74.25% to 64.35%, while a new institution, Leadvisors Fund Management, purchased 5.05 million shares. VGR shares are currently trading around 65,600 VND with fluctuating liquidity.
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