TKV Minerals (KSV) is about to spend 300 billion VND to pay dividends

VHO - TKV Minerals Corporation - JSC (stock code: KSV) has just announced that on August 15, it will close the list of shareholders to pay dividends for 2024.

KSV pays cash dividends at a rate of 15%. Illustrative photo

The company pays cash dividends at a rate of 15% (equivalent to 1,500 VND per share). Payment date is September 5.

With 200 million shares in circulation, TKV Minerals will pay 300 billion VND in dividends to shareholders. Of which, Vietnam National Coal - Mineral Industries Group , which holds more than 98% of KSV's capital, will receive more than 294 billion VND in dividends.

Along with the dividend payment plan, TKV Minerals also announced the plan to divest all 923,500 shares at Bang Giang - Cao Bang Tourism and Trade Joint Stock Company (code: BCV), equivalent to 51.31% of charter capital. This is a subsidiary controlled by KSV. The minimum offering price offered by KSV is 61,900 VND/share. If the entire batch of shares is successfully sold, KSV can collect at least 57 billion VND.

Bang Giang – Cao Bang Tourism and Trade Joint Stock Company, formerly known as Bang Giang Guest House, was under the Cao Bang Provincial Party Committee. This unit converted its model to a joint stock company in 2008, and has since become a subsidiary of TKV Minerals.

In the first quarter of 2025, KSV reported a profit after tax of more than VND 314 billion, 4.1 times higher than the same period last year. The main reason for this growth came from the increase in average selling prices of key products such as copper plates, gold, silver and iron ore concentrate.

For the whole year 2025, KSV set a revenue target of VND 12,619 billion and pre-tax profit of VND 1,000 billion. Compared to the results of 2024, these targets decreased by 5% and 36% respectively. However, with the positive results of the first quarter, the company has completed 40.5% of the annual profit target after only three months.

Source: https://baovanhoa.vn/kinh-te/khoang-san-tkv-ksv-sap-chi-300-ti-dong-tra-co-tuc-157230.html