Dividends in full swing at the end of April: Investors catch the “wave” of closing rights

Next week, from April 28-29, 2025, many businesses will finalize dividend rights, of which 4 businesses will pay cash dividends, the highest rate is up to 25% and the lowest is 5%. In addition, one business will pay stock bonuses at a rate of 20%, continuing to create a positive signal for the market.

Many businesses are about to pay 2024 dividends in cash and stocks at attractive rates.

Notable names in the dividend payment

Gelex Electric Joint Stock Company (code: GEE) said that April 28 will be the ex-rights trading day to increase its equity capital from owner's equity with an implementation rate of 20%. After the issuance of 61 million additional shares, Gelex Electric's charter capital will increase from VND3,050 billion to VND3,660 billion.

On the same day, Viet Brand Investment JSC (code: ABR) also closed the shareholder list to pay 2024 cash dividends at a rate of 20%. With 20 million outstanding shares, it is estimated that this enterprise will spend about 40 billion VND.

Another company that has attracted attention is Rang Dong Light Source and Vacuum Flask JSC (code: RAL). April 28 will be the ex-dividend date for the second interim dividend payment in 2024 in cash at a rate of 25%, equivalent to VND2,500/share. Rang Dong's total dividend payment for 2024 is expected to be up to 50%, fulfilling its commitment to shareholders.

On April 29, MT Gas JSC (code: MTG) will finalize the right to pay cash dividends in 2024, at a rate of 10%, with an estimated total payment value of more than 10 billion VND.

This dividend payment comes at a time when the Vietnamese stock market is struggling to recover. Cash flow is still cautious, but the company's regular dividend payments have helped to strengthen investor confidence.

Besides other businesses, insurance stocks are also recording strong differentiation in dividend payment policies.

PVI CTP (code PVI) continues to maintain its leading position with a dividend payment plan for 2024 at 31.5%, higher than the previously approved level. This is the 10th consecutive year that PVI has maintained a cash dividend of 20% or more, with recent years fluctuating above 30%.

Similarly, Vietnam Agricultural Bank Insurance Joint Stock Company - ABIC (code ABI) also submitted a plan to pay 2024 cash dividends at 20%. However, ABIC is quite cautious when setting a minimum dividend plan for 2025 of only 14%, to balance the need for business expansion and risk provision.

Some other insurance companies such as Vinare (code VNR ), Hanoi Re (code PRE), MIC (code MIG) also maintain a stable dividend rate of 10-20%, mainly in cash or a combination of stocks.

On the other hand, some companies such as VNI Aviation Insurance (code AIC) or PTI Postal Insurance (code PTI) continue not to pay dividends to save resources for reinvestment and strengthen financial capacity. Typically, VNI has not paid dividends for 8 consecutive years, while the business results of this company in 2024 still face many challenges.

Market keeps recovering thanks to business results expectations

In the last trading session of the week, VN-Index increased slightly, technical signals showed that market sentiment was gradually stabilizing. MACD sent a buy signal again, VN-Index crossed above the Bollinger Bands average line, opening up expectations of continued recovery in the coming time if cash flow improves.

Smart money flows, as measured by the Negative Volume Index, remain positive. However, foreign investors have returned to net selling, a factor to watch for in the short term.

According to Dinh Quang Hinh, a securities analyst, the positive business results in the first quarter of 2025 will be an important support for the market. In addition, the official operation of the KRX system from May 5 and the expectation of market upgrade are also factors supporting investor sentiment.

"However, investors should maintain a moderate stock ratio, prioritizing industries with positive first-quarter business results such as banking, retail, seafood, electricity and public investment. The use of financial leverage should still be limited during this period," Mr. Hinh emphasized.

The announcement of many businesses to close dividend rights, with quite attractive dividend payout ratios, is creating bright spots in the stock market in the last week of April. Along with expectations of positive first quarter business results, these will be important driving forces to help VN-Index maintain its recovery momentum in the short term, despite fluctuations from foreign capital flows.

Source: https://thoibaonganhang.vn/co-tuc-ron-rang-cuoi-thang-4-nha-dau-tu-don-song-chot-quyen-163429.html