Saigon – Hanoi Bank (SHB) has announced its dividend plan for 2025 with a rate of 18%, higher than last year’s 16%. The pre-tax profit for 2024 is projected to reach 11.339 trillion VND, with a post-tax profit of 7.305 trillion VND. SHB plans to distribute 7.317 trillion VND as dividends, including 5% in cash and 13% in shares. With approximately 90,000 shareholders, SHB has consistently paid dividends between 10-18% over the years. SHB’s stock has seen significant growth, raising its market capitalization to over 2 billion USD. The cash dividend distribution has resumed after a 10-year hiatus. The bank also plans to supplement a member to the Board of Directors at this year’s AGM and aims for a 25% increase in pre-tax profit for 2025 compared to 2024.
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