Bao Viet plans to spend more than 780 billion VND to pay dividends

VHO - Bao Viet Group (stock code: BVH) has just approved a plan to pay 2024 cash dividends at a rate of 10.551%, equivalent to each shareholder owning one share receiving 1,0551 VND. The last registration date to exercise the right is November 17 and the payment is expected to take place on December 19. The total amount Bao Viet must pay for this dividend is estimated at nearly 800 billion VND.

The total amount Bao Viet has to pay for this dividend is estimated at nearly 800 billion VND. Illustrative photo

Currently, the largest shareholder of Bao Viet is the Ministry of Finance , holding 65% of the charter capital, equivalent to nearly 483 million shares. With this ratio, the Ministry of Finance expects to collect about 509 billion VND in the upcoming dividend payment.

Sumitomo Life Insurance Company, a Japanese strategic shareholder owning 22.09% of capital (equivalent to nearly 164 million shares), is expected to receive about VND173 billion, while the State Capital Investment Corporation (SCIC), which holds 2.98% of capital (equivalent to more than 22.2 million shares), is expected to receive more than VND23 billion.

According to the consolidated financial report for the first 9 months of 2025, Bao Viet's after-tax profit reached VND2,189 billion, an increase of more than 35% over the same period. Consolidated revenue reached VND44,107 billion, an increase of 4.7%, total assets reached VND272,801 billion, equivalent to more than USD10.5 billion.

Positive business results help Bao Viet continue to maintain a stable dividend policy. The payment of a 10.5% cash dividend this year brings the total value of dividends paid to shareholders to more than VND780 billion.

Bao Viet has maintained a policy of paying cash dividends regularly for nearly a decade. Since 2015, the group has continuously paid cash dividends at a common rate of around VND800-1,000 per share. During the period 2021-2024, the cash dividend rate has always been above 9% per year.

As of September 30, Bao Viet's total assets reached VND272,801 billion, of which short-term and long-term financial investment portfolio reached VND247,176 billion (approximately USD9.4 billion), up nearly 7% compared to the beginning of the year, equivalent to an increase of VND15,633 billion.

In this portfolio of nearly 10 billion USD, bank deposits continue to be the investment channel with the largest proportion, with a total value of more than 132,500 billion VND (about 5 billion USD), an increase of nearly 8,000 billion VND compared to the end of 2024. The deposit ratio currently accounts for 53.6% of the total financial portfolio, nearly equivalent to 54% of the previous year.

The next two major pillars in Bao Viet's investment portfolio are government bonds and corporate bonds. Of which, the value of government bond holdings increased by VND2,302 billion, reaching VND71,298 billion (USD2.71 billion). At the same time, investment in corporate bonds was also boosted, with a book value of VND31,298 billion (USD1.19 billion), an increase of more than VND5,000 billion, equivalent to 19% compared to the beginning of the year.

In the stock and fund certificate investment segment, Bao Viet's trading securities portfolio has an original value of VND 3,646 billion, including shares of listed enterprises such as Vietnam Joint Stock Commercial Bank for Industry and Trade - VietinBank (stock code: CTG), Asia Commercial Joint Stock Bank (stock code:ACB ) and Vietnam Dairy Products Joint Stock Company - Vinamilk (stock code: VNM)..., along with a number of unlisted shares in the fields of aquaculture and agriculture.

Source: https://baovanhoa.vn/kinh-te/bao-viet-du-chi-hon-780-ti-dong-tra-co-tuc-179789.html