According to a Board of Directors resolution, Vinhomes plans to pay a 60% cash dividend (6,000 dong per share) in Q3. The company will set the record date for dividend eligibility on 30/6.
Under this plan, the market's largest real estate developer will distribute 24,644 trillion dong, equivalent to nearly 1 billion USD, in cash dividends. The enterprise also intends to issue approximately 4,1 billion additional shares in Q2 and Q3 for a 100% stock dividend. Following this issuance, the developer's charter capital will exceed 80 trillion dong.
With a 73,5% ownership stake in Vinhomes, Vingroup Group is poised to receive over 18 trillion dong and more than 3 billion VHM shares from this dividend payment.
Vincom Retail, another Vingroup-affiliated enterprise, also recently announced 1/7 as the record date for shareholders to receive dividends. The operator of the Vincom shopping mall chain will distribute nearly 2,3 trillion dong as a 10% cash dividend. This marks the company's first cash dividend payment since 2019.
Following these announcements, VHM and VRE shares both hit their ceiling prices. As of noon on 18/6, over 3,48 million Vinhomes shares had a buy order surplus at the ceiling price of 144,400 dong. Similarly, Vincom Retail shares had no sellers, with over 4,28 million shares bid at the ceiling price of 30,100 dong.
For this year, Vinhomes targets 285 trillion dong in revenue, 1,85 times its 2025 performance. The market's largest real estate developer anticipates a 38% increase in after-tax profit, reaching 60 trillion dong. If achieved, this plan would mark Vinhomes' highest business results to date.
The company is launching three major projects this year: Hai Van Bay (Da Nang), Global Gate Ha Long (Quang Ninh), and International University Urban Area (TP HCM). Vinhomes recently announced a new strategy to cease land bank expansion. It expects its current land bank of approximately 49,500 hectares to suffice for the next 5-7 years of development.
Anh Tu