BFC Fertilizer to Pay 35% Cash Dividend of 3,500 VND per Share
This Aveluro analysis covers BFC on HOSE in the Chemicals sector. The classified event type is dividend announcement, with positive sentiment and a deterministic market-impact score of 5.6/10. Aveluro classifies this story as a positive catalyst in the stock's news coverage. Source coverage came from CafeF - Thị trường chứng khoán, classified as a primary/top-tier source.
Key Facts
Caveat: Not investment advice. · How Aveluro computed this: Aveluro combines extracted event facts, source credibility, ticker context, and market data. Scores are deterministic research signals, not recommendations.
Overview
Binh Dien Fertilizer Joint Stock Company (BFC) has announced a 35% cash dividend for 2025, equivalent to 3,500 VND per share. The record date is set for August 12, 2026, with payment on August 28, 2026. This dividend, approved at the April 2026 annual general meeting, will require the company to disburse over 200 billion VND to shareholders.
Key Facts
- Dividend rate: 35% (3,500 VND per share) for fiscal year 2025.
- Record date: August 12, 2026; payment date: August 28, 2026.
- Total payout: over 200 billion VND based on 57.2 million outstanding shares.
- Major shareholder Vinachem (65% stake) will receive approximately 130 billion VND.
- 2025 net profit fell 34% year-on-year to just over 16 billion VND, despite a 17% revenue increase to 1,355 billion VND.
- Q1 2026 consolidated revenue reached 3,345 billion VND (+31% YoY), with parent company pre-tax profit up 41% to 135 billion VND.
- 2026 full-year target: revenue of 10,990 billion VND (+2% YoY) but pre-tax profit of 305 billion VND (-39% vs. 2025 estimate).
- BFC shares closed at 55,500 VND on July 16, 2026, giving a market cap of nearly 3,200 billion VND.
What Happened
Binh Dien Fertilizer (BFC), listed on HOSE, has confirmed a cash dividend payment for 2025 at a rate of 35% (3,500 VND per share). The record date is August 12, 2026, and payment will be made on August 28, 2026. The plan was approved by shareholders at the annual general meeting in April 2026. With nearly 57.2 million shares outstanding, the total dividend payout exceeds 200 billion VND.
State-owned chemical conglomerate Vinachem, which holds a 65% stake in BFC, is expected to receive about 130 billion VND from this distribution. The dividend comes despite a challenging 2025, where net profit dropped 34% to just over 16 billion VND due to a sharp increase in administrative expenses. However, Q1 2026 results showed a strong recovery, with parent company pre-tax profit rising 41% year-on-year to 135 billion VND.
Market Context
BFC shares closed at 55,500 VND on July 16, 2026, up nearly 1% on the day, giving the company a market capitalization of approximately 3,200 billion VND. The stock has been supported by the dividend announcement and improving Q1 earnings. The fertilizer sector in Vietnam has seen mixed performance amid fluctuating input costs and demand. BFC’s 2026 business plan targets a slight revenue increase but a significant profit decline, reflecting cautious expectations.
Strategic Significance
The high dividend payout signals BFC’s commitment to returning capital to shareholders despite a weak 2025 profit performance. The strong Q1 2026 rebound suggests operational improvements, but the full-year profit target indicates management expects headwinds. The dividend also provides a substantial cash inflow to Vinachem, which may use the funds for other investments. For long-term investors, the sustainability of dividends will depend on BFC’s ability to maintain earnings momentum amid competitive pressures and cost management.
What to Watch
- Q2 2026 earnings release to assess if the Q1 recovery is sustained.
- Full-year 2026 profit achievement relative to the 305 billion VND target.
- Changes in fertilizer prices and input costs (e.g., potash, urea).
- Any updates on Vinachem’s strategic plans for its BFC stake.
- Dividend policy for 2026 and beyond, given the 2025 payout ratio.