FTS Announces 5% Cash Dividend and 10:1 Bonus Share Issuance for 2025

Overview

FTS (FPTS), the securities arm of FPT Corporation, announced a 5% cash dividend for 2025 and a 10:1 bonus share issuance, with the record date set for May 22, 2026. The company also reported Q1/2026 net profit of VND 159.9 billion, up 4.5% year-on-year, amid a 21.2% rise in operating revenue.

Key Facts

• Cash dividend rate: 5% (VND 500 per share), payable on June 11, 2026.
• Bonus share issuance ratio: 10:1 (10 existing shares receive 1 new share).
• Record date: May 22, 2026.
• Estimated cash payout: VND 173.2 billion based on 346.5 million outstanding shares.
• Bonus shares: 34.6 million new shares, increasing charter capital from VND 3,465 billion to VND 3,811.5 billion.
• Q1/2026 net profit: VND 159.9 billion, up 4.5% YoY.
• Q1/2026 operating revenue: VND 378.4 billion, up 21.2% YoY.

What Happened

FPTS (FTS) notified shareholders of the record date for its 2025 cash dividend and bonus share issuance. The cash dividend of 5% will be paid on June 11, 2026, while the bonus shares (10:1) will be issued from retained earnings as of December 31, 2025. The new shares are not subject to transfer restrictions.

In its Q1/2026 financial report, FPTS posted operating revenue of VND 378.4 billion, up 21.2% YoY, driven by a 34.3% increase in gains from FVTPL assets and an 18.8% rise in interest income from loans and receivables. However, brokerage revenue edged lower. Net profit after tax reached VND 159.9 billion, a 4.5% increase. Total assets declined 6.2% from the start of the year to VND 13,059.8 billion, while total liabilities fell 10.2% to VND 8,530.3 billion.

Market Context

FTS shares closed at VND 28,000 on April 10, 2026, down 1.41% with volume of 1.1 million shares. The stock trades on HOSE. The securities sector has been volatile amid shifting market sentiment and regulatory changes. FTS’s dividend and bonus announcement may provide support to the stock price, though the cash payout represents a modest yield of approximately 1.8% at the current price.

Strategic Significance

The bonus share issuance increases FTS’s charter capital, enhancing its capacity for margin lending and proprietary trading. The cash dividend, while modest, signals management’s confidence in earnings stability. The Q1 results show solid revenue growth, particularly in lending and FVTPL activities, which are key profit drivers for securities firms. However, the decline in total assets and high short-term debt (97.4% of total liabilities) warrant monitoring.

What to Watch

• Ex-dividend and payment dates: May 22 and June 11, 2026.
• Q2/2026 earnings release for trend confirmation.
• Changes in margin loan portfolio and asset quality.
• Regulatory developments affecting securities margin lending.
• Foreign ownership levels and any changes post-bonus issuance.