DIC Corp (DIG) Announces 6% Stock Dividend, Record Date Sept 9, 2026

Overview

DIC Corp (DIG) has announced a stock dividend for fiscal year 2025 at a ratio of 100:6, with the record date set for September 9, 2026. The company will issue approximately 47.8 million new shares, funded from retained earnings as of December 31, 2025. This comes amid a period of forced sales of DIG shares by the chairman and his family, reducing their holdings below the major shareholder threshold.

Key Facts

• DIC Corp (DIG) will pay a 2025 stock dividend at a ratio of 100:6, meaning shareholders receive 6 new shares for every 100 held.
• The record date for the dividend is September 9, 2026.
• The company plans to issue 47,785,871 new shares, increasing charter capital from over VND 7,964 billion to approximately VND 8,442 billion.
• The dividend will be funded from audited retained earnings as of December 31, 2025.
• On August 17, 2026, DIG shares closed at VND 10,950, giving a market capitalization of over VND 8,720 billion.
• In Q2 2026, DIC Corp reported revenue of VND 613 billion, up 124% year-on-year, and net profit of VND 143 billion, up 175%.
• For H1 2026, revenue reached VND 758 billion (+77% YoY), and net profit exceeded VND 133.5 billion, nearly 19 times higher than the same period last year.
• Chairman Nguyễn Hùng Cường was subject to forced sales of 5.2 million DIG shares between July 27-30, 2026, reducing his stake to 3.41%.

What Happened

DIC Corp (Tổng Công ty Cổ phần Đầu tư Phát triển Xây dựng) has announced a stock dividend for 2025, with the record date set for September 9, 2026. The company will issue 47,785,871 shares at a 100:6 ratio, using retained earnings from the audited 2025 financial statements. The State Securities Commission has confirmed receipt of the necessary documents for the issuance.

In a separate development, Chairman Nguyễn Hùng Cường and his family members have been subject to multiple forced sales of DIG shares by securities companies. Between July 27-30, 2026, Mr. Cường reported that 5.2 million DIG shares were sold via matched orders, reducing his holdings from 32.3 million to approximately 27.1 million shares, equivalent to 3.41% of the company’s capital. His sister, Vice Chairwoman Nguyễn Thị Thanh Huyền, and his mother, Lê Thị Hà Thành, also faced forced sales of millions of shares.

Market Context

DIG shares closed at VND 10,950 on August 17, 2026, with a market capitalization of over VND 8,720 billion. The stock has been under pressure due to the chairman’s reduced stake and ongoing margin calls. Despite the forced sales, the company’s fundamentals have improved, with H1 2026 net profit surging nearly 19 times year-on-year. DIG is listed on HOSE and operates in the real estate and construction sectors, which have shown mixed performance in the Vietnamese market.

Strategic Significance

The stock dividend signals DIC Corp’s commitment to rewarding shareholders while preserving cash for its development projects. The company’s improved earnings, driven by a 124% revenue increase in Q2 2026, suggest a recovery in its core business. However, the chairman’s reduced stake below the 5% major shareholder threshold may raise governance concerns and affect investor confidence. The successful completion of the dividend issuance could support the stock’s liquidity and long-term value, but the ongoing margin calls highlight potential financial stress among key insiders.

What to Watch

• Completion of the stock dividend issuance and the actual increase in charter capital.
• Further disclosures of forced sales by the chairman or family members.
• Q3 2026 earnings results to see if the profit momentum continues.
• Any changes in major shareholder status or new strategic investors.
• Regulatory approvals and timeline for the share issuance.