Vietnam firms roll out hefty dividends after profit surge in 2025

Vietnamese companies are rolling out a wave of hefty cash dividends and bonus share issuances following strong earnings growth in 2025, with many payouts already scheduled for Q2/2026 after being approved during this year’s annual shareholder meetings.

The peak season for annual general meetings has largely passed, and alongside business plans, shareholders at many listed firms have approved profit distribution schemes and begun implementing dividend payments.

Several companies have set ex-dividend dates in May.

Binh Minh Plastics (HoSE: BMP) posted a breakout year in 2025 and secured shareholder approval for a record cash dividend of 148.6% of par value, equivalent to VND14,860 ($0.56) per share. Total payout value is estimated at nearly VND1.22 trillion ($46.14 million).

The company had previously paid a first interim dividend of 65% in November last year. On May 12, it announced the remaining 2025 dividend payment at a rate of 83.6%. The ex-dividend date is set for May 19, with payment scheduled for June 10.

Similarly, Din Capital Investment Group (HNX: PDB) plans to pay a record 40% cash dividend for 2025 after strong earnings growth. The ex-dividend date was May 5, while payment is scheduled for May 20.

Dinh Vu Port Investment and Development (HoSE: DVP) recently announced a first-round 2025 cash dividend payment of 50%, equivalent to VND5,000 ($0.19) per share. The ex-dividend date is June 5 and payment is expected on June 29.

Dinh Vu Port has maintained a high dividend policy for years, with payout ratios exceeding 50% annually since 2021. In both 2024 and 2025, cash dividend rates reached 80%, while the company has also pledged a minimum 70% payout ratio for 2026.

Other firms including IDICO Infrastructure Development Investment (HoSE: HTI), La Hien VVMI Cement (HNX: CLH), PJICO (HoSE: PGI) and Vietnam Fumigation have also announced record dates for dividend distributions.

Beyond manufacturing and infrastructure companies, securities firms are also accelerating bonus share issuances as stock market trading activity rebounds and demand for capital expansion increases.

The brokerage sector has emerged as one of the most active groups for stock dividend distributions this year.

Techcom Securities (TCX) said May 26 would be the record date for a 20% stock dividend distribution. The company plans to issue an additional 426.3 million shares, raising charter capital to VND27.71 trillion ($1.05 billion).

Meanwhile, FPT Securities (FTS) selected May 22 as the record date for a combined cash dividend and bonus share issuance totaling 15%.

The company plans to pay a 5% cash dividend on June 11 while issuing 34.6 million bonus shares to increase charter capital to VND3.81 trillion ($144.57 million).

The wave of bonus share distributions is also expected to continue in coming months.

Taseco Land (HoSE: TAL) recently approved a plan to issue stock dividends and bonus shares totaling 40%.

The company plans to issue 144 million shares, including 36 million shares for dividends and 108 million bonus shares sourced from equity capital. If completed, charter capital would rise from VND3.6 trillion to VND5.04 trillion ($191.19 million).

Under plans approved at its 2026 annual meeting, Taseco Land also intends to pay a 5% cash dividend based on pre-split capital, meaning shareholders could receive a combined payout package totaling up to 45%.

For 2026, the company plans dividend distributions of between 30% and 40%, with cash dividends capped at 15%.

Gemadept (HoSE: GMD) also drew attention after shareholders approved a combined payout ratio of 72% earlier this month.

The company plans to issue bonus shares at a 50% ratio using share premium capital while paying a 22% cash dividend.

Gemadept has set May 22 as the record date for the cash dividend payment, with disbursement scheduled for May 29. The bonus share issuance will be implemented after the completion of its 2025 employee stock purchase plan (ESPP).

Meanwhile, Petrosetco (HoSE: PET) surprised investors with a planned 45% bonus share issuance, sharply higher than the 5-10% range maintained in recent years.

The company plans to issue 4.5 million shares for dividends and 42.7 million shares through equity capitalization.

The issuance is expected to take place in the second and third quarters of 2026 after receiving confirmation from the State Securities Commission that filing documents have been fully submitted.

Overall, the wave of large-scale dividend and bonus share distributions this year reflects improved corporate profitability following strong earnings growth in 2025.

With interest rates remaining relatively low and stock market activity recovering, companies maintaining generous shareholder return policies continue to attract investor interest, particularly among medium- and long-term investors.