Vinhomes, a prominent real estate developer led by billionaire Pham Nhat Vuong, plans to propose an unprecedented dividend payout for 2026. According to documents released for the upcoming annual general meeting, the company aims to spend 24,644 billion dong (nearly 1 billion USD) on cash dividends for shareholders, representing a 60% payout rate. This means each share will receive 6,000 dong. Additionally, a 100% stock dividend is proposed, where shareholders owning one share will receive one new share.

This significant dividend plan follows a period where Vinhomes retained profits for three years, with the last payout occurring in 2022. The company held onto earnings to proactively secure resources for market recovery and to prepare for potential adverse developments. The highest previous dividend payout was recorded in 2020 at 45%. At that time, the Vingroup-affiliated company paid over 4,900 billion dong to shareholders at a rate of 15% (each owned share received 1,500 dong) and issued nearly 1 billion new shares as a 30% stock dividend (shareholders owning 100 shares received 30 new shares).

The news of the dividend return had an immediate positive impact on the market. VHM shares hit their daily limit increase during morning trading on 1/4. At 10h30, the stock recorded a surplus demand of over 9,4 million shares at the ceiling price of 110,200 dong.

For 2026, Vinhomes has set ambitious financial targets, proposing a revenue of 250,000 billion dong and after-tax profit of 50,000 billion dong to its shareholders. These figures mark increases of 62,2% and 18,7% respectively compared to last year, representing the highest performance goals in the company's history. As of 31/12/2025, Vinhomes' accumulated undistributed profits stood at 202,644 billion dong, as per audited financial statements.

Looking ahead, the Vinhomes Board of Directors has directed the Management Board to continue implementing existing urban projects and expand its portfolio in key domestic areas. The company also aims to gradually approach international markets. Last year, Vinhomes launched a series of large-scale projects, notably Green Paradise in Can Gio, TP HCM, covering approximately 2,870 hectares. Currently, the company is accelerating investment in the Vinhomes Global Gate Ha Long project in Quang Ninh, which spans over 4,100 hectares.

Anh Tu