FT1 Dividend 2025: 4,407 VND/share Cash Payout, Record Date Aug 24
This Aveluro analysis covers FT1 on UPCOM in the Industrial Goods & Services sector. The classified event type is dividend announcement, with positive sentiment and a deterministic market-impact score of 4.8/10. 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
Phụ tùng máy số 1 (FT1) has announced a 2025 cash dividend of 4,407 VND per share, equivalent to a 44.07% payout. The record date is set for August 24, with payment commencing September 22. This continues the company’s nearly decade-long streak of consistent cash dividends since its UPCoM listing in 2017.
Key Facts
- Cash dividend for 2025: 4,407 VND/share (44.07% of par value).
- Record date: August 24, 2025; payment date: September 22, 2025.
- Total payout: approximately 31.2 billion VND based on over 7 million shares outstanding.
- Dividend history: paid cash dividends every year since 2017, always above 30%; 2024 payout was 51%.
- 2025 revenue: 939 billion VND (+2% YoY); net profit: 62 billion VND (-10% YoY).
- EPS for 2025: 8,812 VND.
- Majority shareholder VEA (55% stake) to receive over 17 billion VND.
- FT1 shares closed at 43,800 VND on August 3, 2026, implying a dividend yield of about 10.06%.
What Happened
FT1, officially CTCP Phụ tùng máy số 1, announced the cash dividend for 2025 at a rate of 44.07%, or 4,407 VND per share. The company will finalize the shareholder list on August 24, and payments are scheduled to begin on September 22. With more than 7 million shares outstanding, the total cash outlay is estimated at 31.2 billion VND.
The company, which traces its origins to the No. 1 Auto Parts Factory established in 1968, has maintained a consistent dividend policy since its shares began trading on UPCoM in 2017. It has never missed a cash dividend, with rates always exceeding 30%. The highest payout was in 2024, reaching 51%. FT1’s charter capital is approximately 71 billion VND, and its main business is manufacturing materials, equipment, and parts for power and agricultural machinery. Key customers include Honda, Yamaha, Atsumitec, Sumitomo Heavy Industries Vietnam, Schaeffler Vietnam, and Piaggio Vietnam.
Market Context
FT1 trades on the UPCoM exchange. The stock closed at 43,800 VND on August 3, 2026, giving a dividend yield of roughly 10.06% based on the announced payout. The company’s 2025 financial results showed revenue of 939 billion VND, up 2% year-on-year, while net profit declined 10% to 62 billion VND. EPS stood at 8,812 VND, among the highest on the Vietnamese stock market. The majority shareholder, VEAM (VEA), which holds 55% of FT1’s charter capital, will receive more than 17 billion VND from this dividend.
Strategic Significance
FT1’s consistent high dividend payouts reflect a mature, cash-generative business with limited capital expenditure needs. The company’s focus on supplying parts to major global manufacturers like Honda and Yamaha provides a stable revenue base. For long-term investors, FT1 offers a defensive profile with attractive income returns, though growth may be modest given the mature automotive parts sector. The relationship with VEA also provides strategic backing and potential synergies within the broader machinery and agricultural equipment group.
What to Watch
- Confirmation of dividend payment on September 22, 2025.
- Q1 2026 earnings release to assess whether profit decline continues.
- Any updates on new contracts or expansion plans with existing customers.
- Changes in VEA’s stake or strategic direction regarding FT1.
- Market reaction to the dividend announcement and yield sustainability.