DMX to List on HoSE Aug 6, Pay 4,000 VND Dividend in August
This Aveluro analysis covers DMX on UPCOM in the Retail sector. The classified event type is dividend announcement, with positive sentiment and a deterministic market-impact score of 4.0/10. 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
Dien May Xanh (DMX) will officially list on the Ho Chi Minh City Stock Exchange (HoSE) on August 6, 2026, and immediately pay a cash dividend of 4,000 VND per share in August. The total payout exceeds 5,000 billion VND, funded from accumulated retained earnings. The company also reported strong Q2 2026 results, with revenue up 29% and net profit up 80% year-on-year.
Key Facts
- DMX will list on HoSE on August 6, 2026, with a reference price of 80,000 VND per share.
- Cash dividend of 4,000 VND per share, totaling over 5,000 billion VND.
- Record date for dividend is August 19, 2026; payment expected from August 26, 2026.
- Nearly 1.3 billion shares will be listed, implying a market capitalization of about 101,400 billion VND.
- Q2 2026 revenue estimated at over 32,700 billion VND, up 29% year-on-year.
- Q2 2026 net profit estimated at over 2,580 billion VND, up 80% year-on-year.
- Net profit margin in Q2 2026 approximately 8.1%.
- DMX completed about 53% of its 2026 revenue plan and 65% of its net profit plan.
What Happened
According to a personal Facebook post by Mr. Đoàn Văn Hiểu Em, General Director of Dien May Xanh (DMX), the company will pay a cash dividend of 4,000 VND per share shortly after listing on HoSE. The record date is August 19, 2026, with payment expected from August 26, 2026. The dividend will be funded from accumulated after-tax profits up to the end of 2025.
The listing decision takes effect from July 27, 2026. With nearly 1.3 billion shares trading at a reference price of 80,000 VND, DMX’s market capitalization will reach approximately 101,400 billion VND, placing it among the top 100,000 billion VND companies on the exchange. This valuation exceeds the current market cap of its parent company, Mobile World Investment Corporation (MWG).
Market Context
DMX currently trades on UPCOM, but the upcoming HoSE listing is expected to increase liquidity and visibility. The company operates retail chains including Điện máy Xanh, Thế Giới Di Động, TopZone, Thợ Điện Máy Xanh, and EraBlue. The strong Q2 results and the large cash dividend are likely to attract investor attention, especially given the broader Vietnamese retail sector’s recovery. The listing comes at a time when consumer spending is rebounding, and DMX’s growth outpaces its parent MWG.
Strategic Significance
The decision to pay a large cash dividend immediately after listing signals strong cash generation and confidence in future earnings. This move may appeal to income-focused investors and could support the stock’s valuation. DMX’s ability to grow profits faster than revenue indicates improving operational efficiency. The listing on HoSE will provide better access to capital markets, potentially funding further expansion. The company’s diversified retail portfolio, including electronics and mobile devices, positions it well in Vietnam’s growing consumer market.
What to Watch
- Official Q2 2026 financial statements and audited results.
- Dividend payment execution and any changes to the schedule.
- Post-listing price performance and trading volume on HoSE.
- Updates on 2026 full-year guidance and any revisions.
- Competitive dynamics in the electronics retail sector, including market share shifts.