Home Companies Dividend

MSN to pay 50% dividend in bonus shares, 30% in cash

Nov 26th at 12:49
26-11-2016 12:49:29+07:00

MSN to pay 50% dividend in bonus shares, 30% in cash

Masan Group Corporation said its revenues are likely to top US$2 billion this year, a year-on-year jump of 40 per cent.

 

It estimated net profit to exceed the target by 25 per cent and increase by 60 per cent year-on-year to VND2.4 trillion (US$109 million).

For the first time the company has announced dividends, saying it has sought approval from shareholders to pay 50 per cent in the form of bonus shares and 30 per cent in cash.

The dividend of VND3,000 will be paid on the shares immediately prior to the bonus issue.

The payments are expected to be made in the first quarter of next year.

Masan is a food and beverage producer and a leader in branded goods and beverages, consumer products, agriculture, resources and financial services.

bizhub

MOST READ

NEWS SAME CATEGORY

ACB to pay 10% dividends in shares
DIVIDEND Nov 21st at 16:55

ACB to pay 10% dividends in shares

The Asia Commercial Bank (ACB) plans to issue more than 89.6 million shares as payments for 2015 dividends.

Noi Bai Cargo to pay 40% of cash dividend
DIVIDEND Sep 19th at 13:05

Noi Bai Cargo to pay 40% of cash dividend

Noi Bai Cargo Terminal Service Joint Stock Company (NCT) has announced it will pay 40 per cent of cash dividend on October 3.

PVC to pay US$3.1 million in dividends for 2015
DIVIDEND Sep 14th at 10:50

PVC to pay US$3.1 million in dividends for 2015

PetroVietnam Mud Drilling Corporation, listed as PVC on the Ha Noi Stock Exchange, will pay a dividend of 14 per cent in cash on October 25 for last year's...

KDC to pay 14% dividend in cash
DIVIDEND Aug 30th at 08:29

KDC to pay 14% dividend in cash

Food and flavours producer Kido Corporation will pay dividends of VND1,400 per each share in cash for 2015.

Hoa Phat Group to pay 30% dividend
DIVIDEND Aug 12th at 13:21

Hoa Phat Group to pay 30% dividend

Steelmaker Hoa Phat Group (HPG) will pay the dividend for 2015, half in cash and half in shares, on September 14.

Vinamilk to pay 40% dividend in cash
DIVIDEND Aug 9th at 07:47

Vinamilk to pay 40% dividend in cash

Viet Nam Dairy Products Joint Stock Company (Vinamilk) announced that they would pay a 40 per cent dividend in cash on August 31 for the first quarter of 2016.

Hoa Phat Group pays $100 million for dividends in September
DIVIDEND Jul 28th at 09:07

Hoa Phat Group pays $100 million for dividends in September

Steelmaker Hoa Phat Group (HPG) has declared a big dividend payout in September which is worth VND2.2 trillion (US$100 million), a move that shows the company's...

VIC reports 11% dividend payout for 2015
DIVIDEND Apr 23rd at 14:03

VIC reports 11% dividend payout for 2015

Real estate developer Vingroup (VIC) announced an estimated profit of VND1.1 trillion (US$49.2 million) for the first quarter of 2016 at its annual shareholder's...

Dien Quang Lamp JSC to increase dividend rate
DIVIDEND Apr 11th at 21:07

Dien Quang Lamp JSC to increase dividend rate

The HCMC-based Dien Quang Lamp JSC (DQC) will increase its dividend rate of 2015 by 15 per cent to reach 35 per cent.

MSN won't pay dividend again
DIVIDEND Apr 4th at 11:21

MSN won't pay dividend again

Masan Group Corporation (MSN) posted better revenue and profits but decided not to pay dividends for 2015 at the annual general shareholder meeting in HCM City...

Read More

NEW STOCKS

MOST READ

Back To Top