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Dong Nai Water Services and Construction Service Joint Stock Company (UpCOM: DVW) has announced the list of shareholders to receive the cash dividend for 2025. The record date is 24 July 2026, and the company will pay cash dividends at a rate of 30%, or 3,000 dong per share. The payment is expected on 31 July 2026. With about 2.3 million shares outstanding, DVW is estimated to pay around 7 billion dong to shareholders in this round. CAUSE The announcement confirms DVW’s ongoing policy of distributing cash dividends to shareholders. The 30% payout has been applied in multiple years, reflecting the company’s commitment to returning profits to investors. DEVELOPMENT The record date for the dividend is 24 July 2026, and the cash payment is scheduled for 31 July 2026. The company plans a 30% dividend yield, equal to 3,000 dong per share, for holders on the record date. DATA/STATS * Share count: about 2.3 million shares outstanding * Estimated total payout: around 7 billion dong * Dividend rate: 30% (3,000 dong per share) * Record date: 24 July 2026 * Payment date: 31 July 2026 HISTORICAL CONTEXT DVW has maintained cash dividend payments for eight consecutive years, with payout ratios ranging from 12% to 30%. The 30% cash dividend has been applied in three years: 2022, 2024 and 2025, corresponding to 3,000 dong per share. IMPACT The round is expected to deliver around 7 billion dong to shareholders, reinforcing DVW’s reputation for regular profit distribution. ANALYSIS/EXPERT OPINION The sustained high dividend level reflects the company’s stable profit distribution policy, as evidenced by eight consecutive years of dividend payments and multiple years at a 30% payout. COMPANY BACKGROUND DVW operates in water extraction, treatment and supply, and also undertakes construction and installation of water supply and drainage projects. The company was established on the basis of the equitized Water Supply Design and Construction Enterprise. Since 2016, it has taken over management of the water distribution system in Hoa An, Tan Ha, Buu Hoa and Tan Van (Dong Nai), expanding its scale in the water distribution sector.

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