MB closes the right to pay 35% dividend in cash and shares

VHO - Military Commercial Joint Stock Bank (MB, stock code: MBB) has just announced that on August 14, it will close the list of shareholders to receive dividends at a total rate of 35%.

MBB is about to close the list of shareholders to receive dividends at a total rate of 35%. Illustrative photo.

Specifically, MB plans to issue more than 1.95 billion shares to pay dividends with an exercise rate of 32%, meaning that for every 100 common shares in circulation, shareholders will receive 32 new shares.

The odd shares and undistributed shares (if any) will be transferred to the MB grassroots union for management and use, and redistributed according to the approval of the Bank's Board of Directors.

The amount of money used is estimated at VND 21,556 billion from MB's undistributed accumulated profits in 2024, in accordance with the provisions of law. Of which, MB will spend VND 1,831 billion to pay cash dividends at a rate of 3% and VND 19,726 billion to pay stock dividends at a rate of 32%.

Specifically, the bank plans to issue more than 1.97 billion shares to pay dividends to existing shareholders with an exercise rate of 32% (for every 100 outstanding shares, shareholders will receive an additional 32 shares).

If the above capital increase component is completed, MB's charter capital will increase by VND 19,726 billion, expected to increase from more than VND 61,022 billion to VND 80,748 billion.

On the same day, MB will close the right to pay cash dividends at a rate of 3%, meaning shareholders who own 1 share will receive 300 VND. Thus, with more than 6.1 billion shares in circulation, the Bank plans to spend about 1,830 billion VND to pay dividends. The expected dividend payment date is August 21.

Regarding business activities, according to the consolidated financial report for the second quarter of 2025, MB recorded total operating income of nearly VND 17,246 billion, an increase of 22% over the same period last year; however, due to risk provision costs increasing more than double, profit after tax decreased slightly by 1.6%, reaching VND 6,005 billion.

In the first 6 months, the Bank recorded total operating income of more than VND 32,568 billion, an increase of 24.56% compared to the first 6 months of 2024; profit after tax reached approximately VND 12,680 billion, an increase of 18.2%.

As of June 30, 2025, MB's total consolidated assets reached nearly VND 1.3 million billion, an increase of 14.2% compared to the end of 2024. Outstanding customer loans reached nearly VND 880,000 billion, an increase of 13.3%, while customer deposits reached more than VND 783,000 billion, an increase of 9.7%.

Notably, demand deposits (CASA) continued to be a bright spot, reaching nearly VND297,000 billion, accounting for 37.9% of total deposits - the highest rate in the industry.

Source: https://baovanhoa.vn/kinh-te/mb-chot-quyen-chia-co-tuc-35-bang-tien-mat-va-co-phieu-159329.html