LHG Announces 21% Cash Dividend for 2025, Record Date August 20

Overview

Long Hau Corporation (LHG) has announced a cash dividend of 21% for 2025, equivalent to 2,100 VND per share, with a record date of August 20, 2026. The company will pay out approximately 105 billion VND to shareholders, a move approved at the 2026 annual general meeting. This dividend declaration comes as LHG reports a decline in net profit for both Q2 and the first half of 2026.

Key Facts

• Dividend rate: 21% cash dividend, or 2,100 VND per share.
• Record date: August 20, 2026; ex-rights date: August 19, 2026.
• Payment date: September 22, 2026.
• Total payout: approximately 105 billion VND, based on over 50 million shares outstanding.
• Q2 2026 net profit: over 75 billion VND, down 16% year-on-year.
• H1 2026 net profit: over 187 billion VND, down 6% year-on-year.
• H1 2026 revenue: over 365 billion VND, down 20% year-on-year.
• 2026 plan: revenue over 728 billion VND, net profit nearly 166 billion VND.

What Happened

According to a board resolution dated August 6, 2026, Long Hau Corporation (HOSE: LHG) will finalize its shareholder list for the 2025 cash dividend on August 20, 2026. The ex-rights date is set for August 19, 2026, and payment is scheduled for September 22, 2026. The dividend rate is 21%, meaning each share will receive 2,100 VND, with total disbursement estimated at 105 billion VND.

The company’s business performance in the first half of 2026 showed signs of slowing. In Q2, net revenue reached over 189 billion VND, down 15% year-on-year. Revenue from land lease with developed infrastructure fell 51% to over 53 billion VND, while revenue from factory, warehouse, and commercial center leasing rose 10% to nearly 62 billion VND. After costs, LHG reported a net profit of over 75 billion VND in Q2, down 16% from the same period last year. For the first six months, net revenue was over 365 billion VND (down 20%) and net profit was over 187 billion VND (down 6%).

Market Context

LHG closed at 28,600 VND on August 18, 2026, on the HOSE. The stock’s price reflects a market that is weighing the company’s steady dividend yield against its recent earnings contraction. The industrial real estate sector in Vietnam has seen mixed demand, with LHG’s core industrial park assets in Long An province maintaining high occupancy but facing headwinds in new leasing activity. The dividend announcement provides a tangible return to shareholders even as the company navigates a softer profit environment.

Strategic Significance

LHG’s decision to maintain a high cash dividend despite a decline in earnings signals confidence in its cash flow generation and a commitment to shareholder returns. The company’s industrial parks, including Long Hau 1 (fully occupied) and Long Hau 3 (60% occupied as of end-2025), provide a stable recurring revenue base. However, the 51% drop in land lease revenue in Q2 suggests a slowdown in new land handovers, which could pressure future earnings. The dividend payout, funded from existing cash reserves, may limit reinvestment capacity but also underscores the maturity of its existing projects. For long-term investors, the key is whether LHG can sustain its dividend policy while managing the cyclicality of industrial land sales.

What to Watch

• Q3 2026 earnings release, expected in October 2026, to see if revenue and profit declines continue.
• Updates on occupancy rates and new lease signings at Long Hau 3 and future phases.
• Any announcements regarding new land handovers or infrastructure development that could boost land lease revenue.
• The company’s cash position and ability to maintain dividend payouts in 2026 and beyond.
• Regulatory or policy changes affecting industrial real estate in Long An province.