Post-holiday, many listed companies finalize shareholder lists for cash dividend payouts

Following the holiday period, many listed companies are expected to finalize the list of shareholders eligible to receive cash dividends or stock dividends. Several firms have announced high cash-dividend rates, with registration deadlines falling on May 8 and cash payments scheduled for June 11 in at least one case.

PTG to pay cash dividend at up to 50%

Phan Thiet Export Garment Joint Stock Company (PTG) plans to pay a cash dividend of up to 50% (5,000 dong per share). The registration deadline is May 8, with the expected payout date on June 11.

With nearly 5 million shares outstanding, PTG expects to spend about 25 billion VND for the cash dividend. The payout is higher than the company’s earlier plan: PTG previously announced a 20% dividend of charter capital (2,000 dong per share).

PTG has maintained a steady cash-dividend policy over many years. Since listing on UPCoM in early 2010, the company has never missed a dividend payment. In 2024, the payout reached a record 150%. In earlier years, including 2017, 2019, and 2021, PTG paid 120%. Over the long run, shareholders have received cash dividends averaging about 20–30% per year.

In the market, PTG trades around 1,200 dong per share, well below the announced dividend level, and liquidity remains low. The last recorded trading activity for PTG was in November 2025, with only 100 shares traded via a bilateral deal.

Shareholding is also relatively concentrated. According to the latest management report, insiders and related parties hold about 63% of charter capital, suggesting a tendency toward longer-term holding to benefit from dividends rather than short-term trading.

Other dividend announcements: NFC, PDB, PEQ, and stock dividends

Phân lân Ninh Bình Fertilizer Joint Stock Company (NFC) also confirmed a 50% cash dividend. The registration date is May 8, with payment expected on May 18. The estimated payout is nearly 79 billion VND. NFC has been listed since 2013 and has consistently paid cash dividends; the 50% rate is the highest in the company’s history.

NFC reported 2025 revenue of 1,240 billion VND and pre-tax profit of 173 billion VND, up 35% and 2.8 times year-over-year, respectively. For 2026, the company targets revenue of 1,423 billion VND and pre-tax profit of 180 billion VND, up 15% and about 4% from 2025. If achieved, this would mark the fifth consecutive year of new revenue and profit records. NFC also aims to maintain a minimum 40% cash-dividend payout of charter capital.

Other firms expected to finalize shareholder lists for cash dividends next week include Bình Dương Minerals and Construction Joint Stock Company (PDB) at 4,000 dong per share and Petrolimex Equipment Joint Stock Company (PEQ) at 2,000 dong per share.

Some companies plan to distribute dividends in stock. Gelex Group (GEX) announced a 4:1 stock dividend and a 5:1 bonus. Hoa Sen Group (HSG) plans a 100:30 stock dividend.