MWG Sets Record Date for 10% Cash Dividend, Payout of 1,500 Billion VND

Overview

Mobile World Group (MWG) has announced a cash dividend of 10% for the first installment of 2025, with a record date of July 30 and payment on August 6. The total payout is approximately 1,500 billion VND, based on 1.47 billion outstanding shares. This dividend is part of the company’s plan to distribute a total 20% cash dividend for the full year 2025, as approved by the 2026 Annual General Meeting.

Key Facts

• Dividend rate: 10% in cash (1,000 VND per share).
• Record date: July 30, 2026.
• Payment date: August 6, 2026.
• Total payout: approximately 1,500 billion VND.
• MWG targets 2026 revenue of 185,000 billion VND and net profit of 9,200 billion VND (+30% YoY).
• H1 2026 consolidated revenue reached 95,305 billion VND (+29% YoY), completing 52% of the full-year target.
• DMX segment (including TGDĐ, ĐMX, TopZone, Erablue) generated 65,100 billion VND in H1 2026 (+31% YoY), with same-store sales growth of 32%.
• Bach Hoa Xanh (BHX) revenue was 28,300 billion VND in H1 2026 (+25% YoY), with 632 new stores opened in the period.

What Happened

On July 16, 2026, Mobile World Group (MWG) announced the record date for its first cash dividend installment of 2025. Shareholders on record as of July 30 will receive 1,000 VND per share, with payment scheduled for August 6. The total disbursement is about 1,500 billion VND, reflecting the company’s strong cash position and commitment to shareholder returns.

The dividend follows the company’s 2026 Annual General Meeting approval to distribute a total 20% cash dividend for 2025. MWG also reported robust H1 2026 results, with revenue of 95,305 billion VND (+29% YoY) and net profit tracking toward the full-year target of 9,200 billion VND. Key growth drivers included the DMX segment, where same-store sales surged 32%, and Bach Hoa Xanh, which achieved positive operating profit at the store level despite rapid expansion.

Market Context

MWG shares closed at 76,700 VND on July 16, 2026, on HOSE. The stock has benefited from the company’s consistent earnings recovery and market leadership in Vietnamese retail. The dividend announcement reinforces MWG’s reputation as a reliable income stock, with a dividend yield of approximately 1.3% for this installment (annualized ~2.6% based on the 20% full-year plan). The broader retail sector has seen renewed investor interest amid improving consumer spending and macroeconomic stability.

Strategic Significance

MWG’s dividend payout underscores its strong free cash flow generation, even as it continues to invest in growth initiatives such as Erablue in Indonesia and Bach Hoa Xanh’s store expansion. The company’s ability to simultaneously fund dividends and expansion reflects disciplined capital allocation. The 20% full-year dividend target signals management’s confidence in sustained profitability, supported by same-store sales growth and the successful scaling of BHX. For long-term investors, MWG offers a combination of income and exposure to Vietnam’s consumption story.

What to Watch

• Q3 2026 earnings release for continued same-store sales momentum and BHX profitability.
• Progress of Erablue in Indonesia, including store count and revenue growth.
• Any updates on the remaining 10% dividend for 2025 (second installment).
• Consumer spending trends in Vietnam and their impact on MWG’s key segments.
• Potential share buyback or other capital allocation moves given strong cash flow.