After 10 years of waiting, shareholders are about to receive dividends from 2 mountain town giants.

(Dan Tri) - It is expected that from 2026, both Quoc Cuong Gia Lai and Hoang Anh Gia Lai will start paying dividends again, after nearly a decade of difficult business.

The Board of Directors of Quoc Cuong Gia Lai (QCGL, stock code: QCG) has just announced a plan to issue more than 27.5 million shares to pay dividends in 2021. The split ratio is 10:1, meaning that shareholders holding 10 shares on the record date will receive 1 new share.

The source of funds for this payment is taken from undistributed profit after tax, based on the audited consolidated financial statements for 2024. This is the accumulated profit over many years.

The implementation is expected to take place in the first quarter of 2026, immediately after the State Securities Commission confirms that it has received all the documents. After the division, the company's charter capital will increase to VND3,000 billion.

Once a major real estate company in the South in general and Gia Lai in particular, since 2017, this company has been in decline due to the difficult market and being “stuck” in the key Phuoc Kien project. Since this year, shareholders have no longer received dividends.

The last time shareholders received money was in 2017, when QCGL finalized the ratio of 25% of charter capital, including 15% cash and 10% shares. However, the shares were not issued, and the cash was spent about 413 billion VND in 2 installments.

Shareholders are about to receive dividends from two mountain town giants (Photo: DT).

Another mountain town tycoon is also about to pay dividends to shareholders, Mr. Doan Nguyen Duc (Bau Duc) - Chairman of the Board of Directors of Hoang Anh Gia Lai Joint Stock Company (HAGL, stock code: HAG).

Sharing at the meeting with investors on November 25, the company's leaders revealed plans to return to paying dividends from 2026 when the company's profits improve.

From accumulated losses of thousands of billions of dong, Mr. Duc is now confident that he can earn 2,000 billion dong in profit each year. "Five years ago, I never dared to dream that HAGL would have a profit of 5,000 billion dong. But now, it only takes 1-2 years to achieve this number. Five years ago, I said something wrong, mainly because the debt was so great that I couldn't do anything," he said.

This year, HAGL estimates revenue of 7,700 billion VND and profit after tax of more than 2,800 billion VND, exceeding the plan assigned by shareholders.

Notably, after many years, the company has been able to pay dividends to shareholders. It is expected that HAGL will pay dividends again in 2026 in cash at a rate of 5% (shareholders owning 1 share will receive 500 VND).

In addition, the company also plans to IPO HAGL International Investment Joint Stock Company (formerly Hung Thang Loi Gia Lai) in the second quarter of 2026. It is expected that after the IPO, HAGL International Investment's profit will grow by 30%/year. Notably, Mr. Duc also committed to paying dividends in cash and taking from 50% of the profits earned within 3 consecutive years.

Source: https://dantri.com.vn/kinh-doanh/sau-10-nam-rong-ra-cho-doi-co-dong-sap-nhan-co-tuc-tu-2-dai-gia-pho-nui-20251204112410306.htm