On October 6th, the Ho Chi Minh City Stock Exchange (HoSE) issued a Decision on the Rules for constructing and managing the "Vietnam Dividend Growth Index - VNDIVIDEND" for dividend-paying growth stocks.
In this selection process, the ability to consistently distribute profits to shareholders is a key factor.
According to the published document, the VNDIVIDEND index is expected to include 10-20 stocks selected from the list of constituent stocks of the VNAllshare basket.
Regarding the screening criteria, stocks selected for the VNDIVIDEND basket must meet the following conditions: listed for at least 5 years; market capitalization greater than VND 2,000 billion; daily trading value between VND 8-10 billion; and positive after-tax profit in the last 4 quarters.
HoSE launches VNDIVIDEND index to track dividend-paying stocks.
From the list of stocks meeting the above criteria, the system will continue to select stocks with a dividend payout ratio (DIVIDEND-RATIO) of over 80% if already included in the index basket in the previous period, or over 100% if not already included in the basket.
The dividend rate is calculated as the ratio of the dividend payout ratio in year T-2 (two years prior to the time of consideration) to the average of the three preceding years (T-3, T-4, T-5).
Subsequently, depending on the number of eligible stocks, the official index basket will consist of a maximum of 20 stocks with the highest DIVIDEND-RATIO and trading value, or a minimum of 10 stocks if the source of selected stocks is limited.
Previously, HoSE also introduced two new indices in August 2025, including VNMITECH, which tracks modern industrial and technology enterprises, and the Vietnam Growth 50 Index (VN50 Growth), reflecting the group of outstanding growth enterprises in the market.
Source: https://nld.com.vn/truoc-them-nang-hang-hose-ra-mat-san-pham-dau-tu-moi-196251007174331433.htm
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