Mobifone Service (MFS) Sets 25% Cash Dividend, Record Date November 10
This Aveluro analysis covers MFS (Mobifone Service) on UPCOM in the Telecommunications sector. The classified event type is dividend announcement, with positive sentiment and a deterministic market-impact score of 5.6/10. 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
Mobifone Service (ticker MFS, UPCOM) has set November 10 as the record date for its 2025 cash dividend at a rate of 25%, or VND 2,500 per share. The payout, estimated at roughly VND 17.7 billion across nearly 7.1 million shares outstanding, continues a cash dividend policy the company has maintained every year since 2018.
Key Facts
- Dividend rate: 25% cash, equivalent to VND 2,500 per share for 2025.
- Record date: November 10; payment date scheduled for December 15, 2026.
- Total estimated outlay: approximately VND 17.7 billion on nearly 7.1 million shares outstanding.
- Largest shareholder Tổng công ty Viễn thông MobiFone holds 31.26% and is expected to receive more than VND 5.5 billion.
- Charter capital stands at more than VND 70 billion; the company was established in January 2008.
- Historical payout range: a low of VND 1,500 per share, a peak of VND 3,000 per share in 2022, and VND 2,500 per share held steady in 2019-2021 and from 2023 onward.
- A separate record date of November 11 covers attendance rights for an extraordinary 2026 shareholders’ meeting, scheduled for December 10, 2026, to elect and replace Board members.
What Happened
Mobifone Service, formally CTCP Dịch vụ Kỹ thuật Mobifone, disclosed the dividend timetable in a company announcement. The firm will close its shareholder list on November 10 for the 2025 cash dividend at 25%, paying VND 2,500 for each share held. Settlement is planned for December 15, 2026, roughly five weeks after the record date.
With close to 7.1 million shares in circulation, the distribution is valued at about VND 17.7 billion. MobiFone, the state-owned telecommunications group and the company’s largest shareholder at 31.26%, is expected to collect more than VND 5.5 billion. The announcement also set November 11 as the record date for an extraordinary 2026 shareholders’ meeting on December 10, 2026, where shareholders will vote to add and replace members of the Board of Directors.
Market Context
MFS trades on UPCOM, the Hanoi-run market for unlisted public companies, where liquidity is thin and quoted prices move on sparse volume. The stock last closed at VND 28,000 on October 28, 2026, which places the VND 2,500 payout at roughly 8.9% of the quoted price on a gross basis. That gap between the headline 25% par-value rate and the yield on market price reflects the premium at which MFS trades to its VND 10,000 par value. The dividend lands against a Vietnamese market backdrop in which listed companies have leaned toward cash distributions, and it reinforces MFS’s profile as a small, stable, income-oriented name in the telecommunications services segment.
Strategic Significance
The investment case here is continuity rather than growth. MFS has paid cash every year since 2018 and has held VND 2,500 per share steady since 2023 after a VND 3,000 peak in 2022, signaling predictable free cash generation from telecom technical services, IT and customer-care contracts tied to the MobiFone ecosystem. The 31.26% stake held by MobiFone means a meaningful share of the distribution returns to the parent, aligning the controlling shareholder’s interests with minority holders on payout discipline. The December 10 extraordinary meeting, convened to add and replace board members, is the more consequential governance event: board composition at a company of this size can shift contract flows and capital-allocation priorities more than any single dividend.
What to Watch
- The November 10 record date and the final shareholder list, which confirm the share count behind the VND 17.7 billion estimate.
- Actual settlement on December 15, 2026, and whether payment proceeds on schedule.
- The December 10, 2026 extraordinary shareholders’ meeting and the identities of incoming and departing Board members.
- Any 2026 dividend guidance or change to the VND 2,500 per share level, given the 2022 peak of VND 3,000.
- UPCOM trading liquidity and the quoted price around the ex-dividend date, which determine the effective yield for new buyers.