Impressive Dividend Sharing from Real Estate Companies, Led by Billionaire Pham Nhat Vuong’s Company

Vietnam Exhibition Center Joint Stock Company (VEFAC) announced a dividend payout of 435%, equating to 43,500 VND per share from a profit of 17,220 billion VND in Q1 of 2024. In real estate, SJ Group (SJS) plans to pay dividends and bonuses totaling 159%, while Industrial Urban Development JSC No. 2 (D2D) is issuing an 84% dividend. Total General Construction Joint Stock Company (VCG) plans a 16% dividend, and Thang Long Investment Group (TIG) intends to distribute 10%. Notably, Investment and Business Real Estate Khang Dien (KDH) will issue a 10% dividend in stocks for 2024. Dat Phuong Group (DPG) has confirmed the list of shareholders to receive a 10% dividend for 2024, along with a stock issuance for capital increase. This increase in dividend ratios is seen as a way for real estate companies to reward shareholders after difficult times and prepare for a recovery phase, projected to see a 10% increase in real estate supply in 2025.

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