Becamex IDC to pay 4% cash dividend for 2019

November 07, 2020 - 06:42

Investment and Industrial Development Joint Stock Corporation (Becamex) will finalise the list of shareholders to enjoy a 4 per cent cash dividend scheduled for 2019 performance.

 

The Việt Nam-Singapore Industrial Park I in Thuận An Town, Bình Dương Province. — Photo becamex.com.vn

HCM CITY — Investment and Industrial Development Joint Stock Corporation (Becamex IDC) will finalise the list of shareholders to enjoy a 4 per cent cash dividend scheduled for 2019 performance.

The list of beneficial shareholders will be completed on November 26. Cash dividend payment will be made on December 22 at the rate of 4 per cent.

That means every shareholder will receive VNĐ400 for each share they have. With 1.035 billion outstanding shares, the upcoming cash dividend is worth VNĐ414 billion.

In 2019, Becamex recorded a 25.7 per cent annual increase in total revenue, which reached VNĐ8.2 trillion ($353.8 million). Total post-tax profit gained 12.6 per cent on-year to VNĐ2.63 trillion last year.

The total undistributed post-tax profit by December 31, 2019 was VNĐ4.13 trillion.

In the third quarter of 2020, net revenue increased by 11.7 per cent on-year to VNĐ1.55 trillion and post-tax profit was up a fifth on-year to VNĐ631 billion.

Becamex shares, listed with code BCM, moved from the Unlisted Public Company Market (UPCoM) to the Hồ Chí Minh Stock Exchange (HoSE) on August 31.

The company shares were flat at VNĐ39,300 ($1.69) apiece on Friday, having gained total 40.3 per cent since its debut on HoSE. — VNS

E-paper