ND2 Announces 35% Cash Dividend, Record Date August 20
This Aveluro analysis covers ND2 on UPCOM in the Utilities 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 - 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.
Overview
Nedi 2 (ND2), a hydropower company listed on the UPCOM exchange, has announced a 35% cash dividend for the fiscal year 2025. The record date is set for August 20, 2026, with payment scheduled for September 23, 2026. The total payout is estimated at 175 billion VND, reflecting the company’s strong financial performance and commitment to shareholder returns.
Key Facts
- Dividend rate: 35% cash dividend, equivalent to 3,500 VND per share.
- Record date: August 20, 2026; ex-dividend date: August 19, 2026.
- Payment date: September 23, 2026.
- Total payout: approximately 175 billion VND, based on nearly 50 million outstanding shares.
- 2025 revenue: 409 billion VND, up 12% year-on-year.
- 2025 net profit: 215 billion VND, up 25.7%, approaching the historical high set in 2022.
- Retained earnings at end-2025: 414 billion VND, nearly double the annual profit.
What Happened
Nedi 2 (CTCP Đầu tư và Phát triển Điện miền Bắc 2) announced the record date for its 2025 cash dividend. Shareholders on the register as of August 20, 2026, will receive a cash dividend of 3,500 VND per share, representing a 35% payout. The company will disburse the dividend on September 23, 2026, with total cash outlay estimated at 175 billion VND.
The dividend follows a strong operational year. In 2025, Nedi 2 reported revenue of 409 billion VND, a 12% increase from the previous year, and net profit of 215 billion VND, up 25.7%. The company’s retained earnings reached 414 billion VND by the end of 2025, providing ample financial resources for the distribution.
Market Context
ND2 shares closed at 37,500 VND on August 17, 2026, on the UPCOM exchange. The stock has been trading in a range that reflects the company’s stable cash flows from its hydropower operations. The dividend yield, based on the current price, is approximately 9.3%, which is attractive compared to the broader Vietnamese market. The announcement comes amid a period of increased investor interest in dividend-paying energy stocks.
Strategic Significance
The 35% cash dividend underscores Nedi 2’s strong cash generation and disciplined capital allocation. The company operates the Ngòi Phát hydropower plant in Lào Cai, with a total capacity of 84 MW and annual output of about 400 million kWh, sold to EVN. The high payout ratio, funded by retained earnings, signals confidence in future earnings stability. For long-term investors, this dividend reinforces ND2’s profile as an income-generating utility stock within Vietnam’s energy sector.
What to Watch
- Actual payment on September 23, 2026, and any adjustments to the payout.
- Q1 2026 earnings release to assess whether profit growth continues.
- Updates on any new hydropower projects or capacity expansions.
- Changes in EVN’s power purchase agreements or tariff adjustments.
- Foreign ownership levels and any related regulatory changes affecting UPCOM-listed stocks.