DVP leads Vietnam dividend week with 30% cash payout; 36 firms ex-date Sept 7-11

Overview

During the week of September 7-11, 2026, approximately 36 Vietnamese listed companies will go ex-dividend, with cash payout ratios ranging from 2% to 30%. The highest payout is from Cảng Đình Vũ (DVP) at 30%, while the lowest is from SBB at 2%. Several companies, including AGG, VPI, and DIG, will distribute stock dividends.

Key Facts

• DVP (HOSE) will pay a 30% cash dividend for 2025’s second installment, or VND 3,000 per share; record date September 10, 2026.
• SBB (UPCoM) will pay a 2% cash dividend for 2025, or VND 200 per share; record date September 11, 2026.
• AGG (HOSE) will issue stock dividends at a 10:1 ratio (1 new share per 10 held); record date September 7, 2026.
• OIL (UPCoM) will pay a 2.5% cash dividend, or VND 250 per share; record date September 7, 2026.
• ITC (HOSE) will pay a 4% cash dividend (VND 400/share) plus a 100:6 stock dividend; record date September 8, 2026.
• VPI (HOSE) will issue stock dividends at a 10:1 ratio; record date September 8, 2026.
• DIG (HOSE) will issue stock dividends at a 100:6 ratio; record date September 9, 2026.
• BMI (HOSE) will pay a 5% cash dividend, or VND 500 per share; record date September 10, 2026.

What Happened

According to exchange statistics, about 36 companies will finalize shareholder lists for dividend payments—either in cash or shares—during the trading week of September 7-11, 2026. The highest cash dividend rate is 30% from Cảng Đình Vũ Investment and Development Joint Stock Company (DVP), which trades on HOSE. Shareholders of record as of September 10, 2026, will receive VND 3,000 per share for the second installment of the 2025 dividend.

At the other end, Sài Gòn - Bình Tây Beer Corporation (SBB), listed on UPCoM, will pay the lowest cash dividend at 2%, or VND 200 per share, with a record date of September 11, 2026. Several other notable companies are also going ex-dividend, including An Gia Real Estate Investment and Development Corporation (AGG) and Văn Phú Real Estate Development Corporation (VPI), both issuing stock dividends at a 10:1 ratio. DIC Corp (DIG) and Intresco (ITC) will distribute stock dividends at a 100:6 ratio, with ITC also paying a 4% cash dividend. PVOIL (OIL) and Bảo Minh Insurance (BMI) will pay cash dividends of 2.5% and 5%, respectively.

Market Context

DVP closed at VND 77,100 on September 6, 2026, implying a dividend yield of approximately 3.9% for this installment alone. The stock trades on HOSE within the industrial goods and services sector. AGG closed at VND 10,900, OIL at VND 13,700, and SBB at VND 20,000 on the same date. These dividend announcements come amid a period of active corporate actions on Vietnamese exchanges, with many firms opting for stock dividends to preserve cash while rewarding shareholders.

Strategic Significance

For long-term investors, the high cash dividend from DVP underscores its stable cash flow generation, typical of port operators with consistent earnings. The mix of cash and stock dividends across the affected companies reflects diverse capital allocation strategies: cash-rich firms like DVP and BMI reward shareholders directly, while growth-oriented real estate developers such as AGG and VPI conserve cash by issuing new shares. This pattern is common in Vietnam’s current market cycle, where companies balance shareholder returns with reinvestment needs.

What to Watch

• DVP’s Q3 2026 earnings report to assess whether cash flow supports continued high dividends.
• AGG’s utilization of the newly issued shares for project development and its impact on earnings per share.
• SBB’s ability to maintain dividend payments given its low payout ratio and operational performance.
• Any changes in foreign ownership limits for these tickers following share issuance.
• Market reaction to ex-dividend dates, particularly for high-yield names like DVP.