VietinBank to pay 10% dividend

Jun 16th at 13:32
16-06-2015 13:32:41+07:00

VietinBank to pay 10% dividend

Viet Nam Bank for Industry and Trade (VietinBank) will pay last year's dividend at a rate of 10 per cent, equivalent to VND1,000 (US$0.05) per share.

 

The cut-off date for participation is June 25 and the payment is expected to be made on July 17, according to the bank.

VietinBank plans to report a pre-tax profit of VND7.3 trillion ($347.62 million) this year. It now ranks first in the domestic banking system in terms of charter capital, with an equity of about VND41 trillion ($1.89 billion), after merging with Petrolimex Group Commercial Joint Stock Bank last month.

bizhub



NEWS SAME CATEGORY

PSD to pay 45 per cent dividend

PetroVietnam Distribution Services (PSD) will pay a dividend on shares as high as 45 per cent during the first phase of 2014. The value of the dividends reaches...

Vinamilk, VinGroup to pay millions in cash dividends

Dairy giant Vinamilk (VNM) and property developer VinGroup (VIC) will spend trillions of dong paying dividends during the next two months.

BIDV to pay 8.5% dividend

The Bank for Investment and Development of Viet Nam (BIDV) will pay the dividend for last year in cash at a rate of 8.5 per cent, the bank announced on its website...

Firms delay dividend payout worth billions of dong

Many firms have announced delay in dividend payout as their businesses are struggling.

RAL raises 2013 dividend rate to 35 per cent

Rang Dong Light Source and Vacuum Flask Company (RAL) has decided to increase its cash dividend for 2013 by 5 per cent to 35 per cent thanks to positive business...

Phu My Fertiliser to pay $45m in dividends

Phu My Fertiliser Corp (DPM) next month will spend VND950 billion (US$45 million) to pay out dividends despite poor business result in the first quarter of this...

Shareholders unhappy with lower, unpaid dividends

Shareholders in many banks have not received their dividends in recent years though banks have set low rates, but not cut them completely.

Logistics firm targets 13% profit

Transimex-Saigon Corporation, which specialises in freight forwarding, container and barge transport, warehousing and port services, and others, hopes to increase...

Kien Long plans 10% dividend in 2014

The Kien Long Bank's shareholder meeting in the southern Kien Giang Province on Tuesday decided that this year's dividend rate would be between 9 and 10 per cent.

Ha Giang firm leads amidst high dividend payout ratios

Many companies announced the payment of dividends at high ratios at this shareholders' meeting season.


MOST READ


Back To Top