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Binh Minh Plastic (BMP) plans 20 per cent cash dividend for 2019

Apr 23rd at 10:35
23-04-2020 10:35:10+07:00

Binh Minh Plastic (BMP) plans 20 per cent cash dividend for 2019

Binh Minh Plastic JSC will pay its second cash dividend for 2019 at the rate of 20 per cent in cash.

This means every shareholder will receive VND2,000 per share. The payment is scheduled for May.

The company is listing nearly more than 81.86 million shares on the Ho Chi Minh Stock Exchange with code BMP.

The upcoming payment is worth VND163.7 billion (US$7 million).

The first cash dividend payment for 2019 was made on December 20 last year at the rate of 20 per cent.

In 2019, Binh Minh Plastic saw its revenue increase by 10.7 per cent year-on-year to VND4.33 trillion. Post-tax profit in 2019 was VND423 billion, almost unchanged from the previous year.

The firm has postponed its annual shareholders’ meeting due to worries about the coronavirus. The meeting will be held by June 30.

The company's shares jumped 3.4 per cent to end Wednesday at VND44,450 apiece.

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