BIDV to pay 8.5% dividend

Jul 29th at 15:07
29-07-2014 15:07:58+07:00

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 last Friday.

The rate is equivalent to 850 dong, or 4 US cents, per share. The cut-off date for participation is August 12 and payment will be made on August 28.

The BIDV, on July 15, signed a contract to transfer its 50 per cent stake at the VID Public Bank to Malaysia's Public Bank Berhad, in line with the national plans to restructure the financial system.

bizhub



NEWS SAME CATEGORY

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.

Vinamilk tops payout value

Investors received dividends worth almost VND3 trillion (US$142.8 million) in cash from the beginning of this year to date from 88 listed companies on both national...

Companies set to pay dividends

Sai Dong Urban Joint Stock Corporation (SDI) will spend VND997 billion (US$47.5 million) in cash to pay dividends to its shareholders at a ratio of 83 cent.

Vietcombank to pay dividend as shares for 2013

Vietcombank (VCB) will pay the dividend for last year at a rate of 12 per cent in shares, instead of a cash payment as in previous years.


MOST READ


Back To Top