A securities company is about to “roll the dice” for cash dividends, allocating nearly 700 billion

MB Securities Corporation (MBS) announced that it will pay cash dividends for the year 2024 at a rate of 12% (1,200 VND/share) on August 20. It is projected to spend about 687 billion VND, with Military Bank (MB) receiving over 520 billion VND. MBS shares currently trade at 35,200 VND/share, up 23% since the beginning of the year. Next, MBS plans to offer 68.7 million new shares at a ratio of 100:12 at a price of 10,000 VND/share, alongside the issuance of 17.18 million bonus shares at a ratio of 100:3, and 8.59 million ESOP shares. MBS also reported a 10% decline in revenue in Q2 2025, reaching 792 billion VND, although pre-tax profit increased by 1% to 273 billion VND. In the first half of the year, total revenue reached 1,461 billion VND, down 6%, but pre-tax profit rose by 22% to 611 billion VND. MBS aims for total revenue of 3,370 billion VND and pre-tax profit of 1,300 billion VND in 2025, representing increases of 8% and 40%, respectively, compared to last year.