CCV Announces Record 63% Cash Dividend for 2025, Record Date May 25

Overview

CCV (UPCoM: CCV), a construction consultancy firm, has announced a record cash dividend of 63.16% for 2025, equivalent to VND 6,316 per share. The record date is May 25, with payment scheduled for June 9. The company also reported a 41% increase in revenue and a 26% rise in net profit for 2025, reaching VND 292 billion and VND 18 billion, respectively.

Key Facts

• Cash dividend rate: 63.16% (VND 6,316 per share) for 2025, the highest since the company’s equitization.
• Record date: May 25, 2025; payment date: June 9, 2025.
• Total payout: approximately VND 11 billion based on nearly 1.8 million outstanding shares.
• Parent company (Tổng công ty Tư vấn Xây dựng Việt Nam - CTCP) holds 51% and will receive about VND 5.6 billion.
• 2025 revenue: VND 292 billion (+41% YoY); net profit: VND 18 billion (+26% YoY).
• 2026 targets: revenue of VND 317 billion, net profit of VND 19 billion; expected dividend payout ratio of ~65% of net profit.
• CCV shares closed at VND 68,000 on May 15, 2025, but liquidity is low due to concentrated ownership.
• CCV has been placed on warning status by HNX since April 3, 2026, because its paid-in charter capital fell below the minimum VND 30 billion required for UPCoM trading.

What Happened

CCV (Công ty CP Tư vấn Xây dựng Công nghiệp và Đô thị Việt Nam) announced a record cash dividend of 63.16% for 2025, with the record date set for May 25 and payment on June 9. This is the highest cash dividend since the company became a joint-stock company. The company will disburse over VND 11 billion to shareholders, with the parent company receiving about VND 5.6 billion and board members receiving significant sums.

In addition to the dividend, CCV reported strong 2025 financial results: net revenue of VND 292 billion (+41% YoY) and net profit of nearly VND 18 billion (+26% YoY), both record highs since equitization. For 2026, the company targets revenue of VND 317 billion and net profit of VND 19 billion, with a dividend payout ratio of approximately 65% of net profit.

Market Context

CCV trades on UPCoM with low liquidity due to a concentrated shareholder base. The stock closed at VND 68,000 on May 15, 2025. However, the company has been under a warning status since April 3, 2026, because its paid-in charter capital fell below the VND 30 billion minimum required for UPCoM listing. This warning may limit investor interest despite the attractive dividend yield.

Strategic Significance

The record dividend signals CCV’s strong cash flow generation and commitment to shareholder returns, even as the company faces regulatory challenges regarding its charter capital. The high payout ratio (over 60% of net profit) suggests management confidence in future earnings. However, the warning status and low liquidity are key risks. The company’s focus on construction consultancy, with two subsidiaries, positions it in a sector tied to Vietnam’s infrastructure development, but the small scale and capital constraints may limit growth.

What to Watch

• Resolution of the charter capital deficiency and potential delisting risk from UPCoM.
• Q1 2026 earnings release to assess whether revenue and profit growth momentum continues.
• Any capital increase plans or strategic moves to address the minimum capital requirement.
• Changes in shareholder structure, particularly any stake sales by the parent company or insiders.
• Trading volume and price action around the ex-dividend date.