Vietnam Dividend Week: FT1 Leads 44% Payout, DMX to Disburse VND 5,070B

Overview

Nearly 24 Vietnamese companies are set to pay cash dividends during the week of August 17-21, with the highest rate at 44.07% from Phụ tùng máy số 1 (FT1). Notably, Điện Máy Xanh (DMX) will disburse over VND 5,070 billion, and SSI Securities (SSI) announced a 10% cash dividend alongside a bonus share issuance. These payouts reflect robust cash flows and shareholder return policies across multiple sectors.

Key Facts

• FT1 (UPCOM) will pay a cash dividend of 44.07% (VND 4,407 per share), totaling approximately VND 31.2 billion, with the record date on August 24 and payment from September 22.
• DMX (HOSE) will pay a 40% cash dividend (VND 4,000 per share), totaling over VND 5,070 billion, with payment scheduled for August 26.
• SSI (HOSE) will close shareholder list on August 18 for a 10% cash dividend and a bonus share issuance from equity.
• HCC (HNX) will pay a 30% cash dividend (VND 3,000 per share), totaling about VND 19.5 billion, with record date August 20 and payment on October 16.
• ND2 (UPCOM) will pay a 35% cash dividend (VND 3,500 per share), totaling about VND 175 billion, with record date August 20 and payment on September 23.
• FT1 has historically paid cash dividends above 30% since listing on UPCoM in 2017, with a peak of 51% in 2024.

What Happened

According to a statistical report, around 30 companies announced dividend record dates for the week of August 17-21, with nearly 24 paying cash dividends. The highest rate is 44.07% from FT1, while the lowest is 3%. FT1, a manufacturer of machine spare parts, will pay VND 4,407 per share, totaling about VND 31.2 billion, based on over 7 million shares outstanding. The record date is August 24, with payment starting September 22.

DMX, a major electronics retailer, will pay a 40% cash dividend from retained earnings, totaling over VND 5,070 billion, with payment on August 26. This follows the company’s recent listing on HOSE with nearly 1.27 billion shares at a reference price of VND 80,000. SSI Securities also announced a record date of August 18 for a 10% cash dividend and a bonus share issuance, aiming to increase its charter capital from equity.

Market Context

FT1 closed at VND 45,000 on August 15, 2026, on UPCOM, while DMX closed at VND 89,800 on HOSE. HCC traded at VND 27,900 on HNX, and ND2 at VND 37,000 on UPCOM. These dividend announcements come amid a generally positive market sentiment, with companies across industrials, construction materials, energy, retail, and securities sectors rewarding shareholders. The high payout ratios, especially from FT1 and DMX, highlight strong earnings and cash generation, which may attract income-focused investors.

Strategic Significance

For long-term investors, these dividend payouts signal financial health and disciplined capital allocation. FT1’s consistent high dividends reflect a stable business model, while DMX’s massive payout demonstrates its ability to generate substantial cash flows post-listing. SSI’s combined dividend and bonus shares indicate confidence in future growth and a commitment to returning value. These actions could enhance investor confidence and support share prices, particularly in a market where dividend yields are a key consideration.

What to Watch

• Actual payment dates and any changes in dividend schedules.
• Q3 earnings reports to assess sustainability of high payout ratios.
• DMX’s post-listing price performance and liquidity on HOSE.
• SSI’s capital increase and its impact on earnings per share.
• Regulatory approvals or corporate actions that might affect dividend policies.