Many major real estate companies in Vietnam are preparing to distribute high dividends. The Vietnam Exhibition Center Joint Stock Company (VEF) leads with a plan to distribute 435%, equivalent to approximately 7.247 trillion VND, thanks to a first-quarter profit of 17.220 trillion VND. SJ Group (SJS) also attracts attention with a combination dividend and bonus plan totaling 159%. The Industrial Urban Development Company No.2 (D2D) announces an 84% dividend, while other companies like Vinaconex (VCG) and Thang Long (TIG) plan to distribute dividends of 16% and 10%, respectively. Khang Dien (KDH) and Dat Phuong (DPG) also expect to distribute 10% dividends for 2024. The high dividend distribution is seen as a “gift” for shareholders after a tough time and prepares for the recovery phase, according to forecasts from the Vietnam Real Estate Brokerage Association.
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