IDP to Pay 100% Cash Dividend of 10,000 VND/Share, Record Date June 22
This Aveluro analysis covers IDP. The classified event type is dividend announcement, with positive sentiment and a deterministic market-impact score of 4.0/10. Aveluro classifies this story as a positive catalyst in the stock's news coverage. Source coverage came from CafeF - Doanh nghiệp, 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.
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Overview
IDP (Lof International Milk) has announced a 100% cash dividend of 10,000 VND per share, totaling approximately 618 billion VND, with a record date of June 22, 2026, and payment on July 3. The dividend comprises the final 2025 payout (80%) and an interim 2026 dividend (20%). The company’s Q1 2026 net profit jumped 130% year-on-year, underpinning the strong cash distribution.
Key Facts
- IDP will pay a cash dividend of 10,000 VND per share, equivalent to a 100% payout ratio.
- Total cash outlay for the dividend is approximately 618 billion VND, based on 61.8 million outstanding shares.
- Record date for entitlement is June 22, 2026; payment date is July 3, 2026.
- The dividend includes an 80% final dividend for 2025 and a 20% interim dividend for 2026.
- Q1 2026 net profit reached 244 billion VND, up 130% year-on-year, on revenue of over 1,900 billion VND (+4% YoY).
- Full-year 2026 targets: revenue of 8,300 billion VND (+11.7%) and net profit of 700 billion VND (nearly 3x 2025).
- At the closing price of 285,000 VND on June 3, the dividend yield for this payment is approximately 3.5%.
What Happened
On June 4, 2026, CTCP Sữa Quốc tế Lof (IDP) announced a record date of June 22 for a 100% cash dividend payment, equivalent to 10,000 VND per share. The company will disburse the 2025 final dividend at 80% and simultaneously advance the first installment of the 2026 dividend at 20%. The total payout is about 618 billion VND, with payment scheduled for July 3.
IDP has a history of generous cash dividends. At its annual general meeting earlier this year, shareholders approved a 2025 dividend range of 50-80% in cash and a 2026 dividend range of 20-80%, depending on business results. The current payout reflects strong operational performance.
Market Context
IDP shares closed at 285,000 VND on June 3, up 2.33% on volume of 10,000 shares. The stock trades on the HOSE exchange. The 3.5% dividend yield from this payment is attractive relative to the broader consumer staples sector, where average yields are lower. The company’s Q1 profit surge and ambitious full-year targets have supported investor sentiment.
Strategic Significance
IDP’s aggressive dividend policy signals confidence in its cash flow generation and earnings trajectory. The company’s Q1 results already achieved 35% of its full-year net profit target of 700 billion VND, suggesting strong momentum. For long-term investors, the high payout ratio may limit retained earnings for growth, but IDP’s focus on cost control and revenue expansion appears to be delivering results. The dividend also serves as a tangible return to shareholders amid a market where cash dividends are valued.
What to Watch
- Q2 2026 earnings release to assess whether profit growth is sustainable.
- Full-year 2026 dividend guidance for the remaining payout (20-80% range).
- Any changes in IDP’s capital expenditure plans that could affect future dividend capacity.
- Competitor dividend announcements in the dairy sector (e.g., Vinamilk, Moc Chau Milk).
- Foreign ownership trends, as IDP’s high dividend yield may attract foreign investors.