Vietnamese Banks Pay Record Cash Dividends: 5 Banks Still Pending

Overview

Vietnamese banks are set to pay a record total of over VND 48,000 billion in cash dividends for the 2025 fiscal year, with 11 banks having already paid or announced plans. LPBank leads with a 30% cash dividend rate, while MB and Techcombank follow. Five major banks—VietinBank (CTG), Vietcombank (VCB), BIDV (BID), SHB, and TPBank—have yet to complete their payment processes, with key record dates approaching.

Key Facts

• Total cash dividend payout by Vietnamese banks in 2026 exceeds VND 48,000 billion, a record for the sector.
• LPBank pays the highest cash dividend rate at 30%, distributing nearly VND 9,000 billion.
• MB plans to pay VND 8,055 billion in cash dividends at a 10% rate, with a record date of July 10, 2026.
• Techcombank ranks third in payout size (exact amount not specified in the article).
• VietinBank (CTG) will pay a 4.5% cash dividend, totaling VND 3,495 billion, with a record date of July 24, 2026.
• Vietcombank (VCB) will pay a 4.5% cash dividend, totaling over VND 3,760 billion, with a record date of July 24, 2026.
• BIDV (BID) will pay a 4.5% cash dividend, totaling VND 3,276 billion, with a record date of July 20, 2026.
• SHB plans a 6% cash dividend (plus 10% stock dividend), totaling VND 3,206 billion, but has not yet announced a record date.

What Happened

According to a July 15, 2026 article, Vietnamese banks are distributing a record VND 48,000 billion in cash dividends for the 2025 fiscal year. Eleven banks have either completed or announced plans for cash dividend payments. LPBank leads with a 30% cash dividend rate, the highest in its history and the largest in the banking sector this year. MB and Techcombank follow with significant payouts.

Five banks—VietinBank, Vietcombank, BIDV, SHB, and TPBank—are still pending. VietinBank, Vietcombank, and BIDV have set record dates in late July 2026, with payments scheduled for August. SHB has not yet announced its record date, while TPBank plans to distribute over VND 1,700 billion.

Market Context

VietinBank (CTG) closed at VND 32 on July 15, 2026, down 0.77% on light volume. Vietcombank (VCB) closed at VND 59, down 0.34%, while BIDV (BID) closed at VND 40,250 on July 14. SHB closed at VND 12,800 on July 14. All four banks trade on HOSE. The banking sector has been under pressure from rising provisioning costs and margin compression, but strong dividend announcements may provide support. The record cash payout underscores the sector’s robust profitability and capital adequacy.

Strategic Significance

The record cash dividend payout signals strong earnings generation and capital management discipline among Vietnamese banks. For long-term investors, the ability to pay high cash dividends reflects sustainable profitability and prudent capital allocation. LPBank’s 30% payout is particularly notable, indicating confidence in future earnings. The pending payments from VietinBank, Vietcombank, BIDV, SHB, and TPBank create near-term catalysts as record dates approach. However, investors should monitor the impact on capital adequacy ratios, as large cash distributions may reduce Tier 1 capital buffers.

What to Watch

• Record date for SHB and TPBank cash dividends (not yet announced).
• Q2 2026 earnings reports for CTG, VCB, BID, SHB, and TPB to assess profitability trends.
• Changes in capital adequacy ratios (CAR) post-dividend payments.
• Any regulatory changes affecting dividend payout policies for banks.
• Market reaction on ex-dividend dates for pending banks.