DVP Announces 50% Cash Dividend, Maintains 15-Year Payout Streak

Overview

DVP (Dinh Vu Port Investment and Development, HOSE: DVP) announced a 50% cash dividend (5,000 VND/share) for the first installment of 2025, with payment scheduled for June 29, 2026. The company has maintained a consistent cash dividend policy for 15 consecutive years, reinforcing its reputation as a high-yield stock on HOSE.

Key Facts

• DVP will pay a cash dividend of 5,000 VND per share (50% rate) for the first installment of 2025, record date June 5, 2026.
• Total payout for this installment is approximately VND 200 billion, based on 40 million outstanding shares.
• The board approved a record total cash dividend of 80% for 2025 (8,000 VND/share), split into two installments: 50% now and 30% later (expected before October 2026).
• Parent company Hai Phong Port holds 51% of DVP and will receive nearly VND 102 billion from this installment.
• DVP has paid average annual dividends of 30-40% since listing in 2009, with the last three years at 70%.
• For 2026, DVP targets revenue of VND 820 billion (+40% YoY) and pre-tax profit of VND 460 billion (+14% YoY), both record highs.
• The company plans a minimum 70% cash dividend for 2026, equivalent to 7,000 VND per share.

What Happened

On June 5, 2026, DVP will close the shareholder list for the first cash dividend installment of 2025 at 50% (5,000 VND/share), with payment on June 29, 2026. The company expects to disburse about VND 200 billion for this round. Earlier, the board approved a record total cash dividend of 80% for 2025, split into two installments: the first at 50% and the second at 30%, expected to be completed before October 2026.

DVP has a history of generous cash dividends. Since its listing in 2009, the average annual dividend rate has ranged from 30% to 40%, and in the last three years it has reached 70%. The company’s major shareholders include Hai Phong Port (51%) and Vat tu Nong san JSC (18.7%).

Market Context

DVP shares trade on HOSE and have been supported by consistent dividend payouts. The logistics sector in Vietnam faces headwinds from global trade tensions, supply chain shifts, and rising fuel costs. Despite this, DVP’s strong dividend policy and record profit targets for 2026 provide a positive narrative. The stock’s dividend yield based on the current price is approximately 50% for this installment, making it attractive for income-focused investors.

Strategic Significance

DVP’s commitment to high cash dividends reflects its stable cash flow generation and disciplined capital allocation. The company’s 2026 business plan targets record revenue and profit, driven by expected port throughput of 650,000 TEU. The minimum 70% dividend policy for 2026 signals management confidence in future earnings. For long-term investors, DVP offers a rare combination of high dividend yield and growth potential in the Vietnamese port sector.

What to Watch

• Completion of the second 30% dividend installment before October 2026.
• DVP’s Q1 2026 earnings report to gauge progress toward the 2026 targets.
• Port throughput volumes and freight rate trends affecting revenue.
• Any changes in shareholder structure or major capital expenditure plans.
• Macroeconomic factors impacting trade and logistics demand in Vietnam.