SST Announces 80.16% Cash Dividend for 2025, Record Date August 18
This Aveluro analysis covers SST. 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
Sai Gon Song Tien Beer (SST) has announced a cash dividend of 80.16% for fiscal year 2025, equivalent to VND 8,016 per share. The record date is set for August 18, 2026, with payment scheduled for August 25, 2026. This continues SST’s long-standing practice of distributing exceptionally high cash dividends, reinforcing its appeal as a high-yield income stock on the HOSE.
Key Facts
- SST will pay a cash dividend of 80.16% (VND 8,016 per share) for 2025.
- Record date: August 18, 2026; payment date: August 25, 2026.
- With 4 million shares outstanding, total payout is estimated at VND 32 billion.
- Historical dividends: 347.6% in 2020, 200% in 2023, and 79.98% for 2024.
- EPS reached VND 9,087 in 2025, down from VND 20,109 in 2023 and VND 27,913 in 2022.
- Sabeco (SAB) holds 90% of SST, equivalent to 3.6 million shares.
- 2026 targets: net revenue of VND 4,315 billion (+24% YoY) and after-tax profit of nearly VND 37 billion (+1% YoY).
What Happened
SST announced the record date for its 2025 cash dividend, setting the payout at 80.16% of par value. The company will disburse VND 8,016 per share to shareholders on record as of August 18, 2026, with actual payment on August 25, 2026. Based on the current share count of 4 million, the total cash outlay will be approximately VND 32 billion.
This announcement follows a pattern of aggressive dividend distribution. SST paid 347.6% in 2020, 200% in 2023, and 79.98% for 2024. The company also reports high earnings per share, with audited EPS of VND 9,087 for 2025, though this is a sharp decline from VND 20,109 in 2023 and VND 27,913 in 2022. SST is a subsidiary of Sabeco (SAB), which owns 90% of the company.
Market Context
SST trades on the HOSE under the ticker SST. The stock is part of the consumer staples sector, specifically the beer distribution industry. The company’s high dividend yield is a key attraction for income-focused investors, especially in a low-interest-rate environment. Sabeco (SAB), the parent company, closed at VND 45,100 on August 4, 2026, reflecting stable performance in the beverage sector. SST’s dividend policy stands out even among Vietnamese blue-chips, which typically pay 10-30% cash dividends.
Strategic Significance
SST’s commitment to high cash dividends, despite a projected flat profit growth of just 1% in 2026, signals a mature business with limited reinvestment needs. The company’s high payout ratio may be sustainable given its strong historical EPS, but the recent decline in profitability warrants attention. For long-term investors, SST offers a predictable income stream, but the lack of earnings growth could limit capital appreciation. The parent company Sabeco benefits directly from SST’s dividends, given its 90% stake.
What to Watch
- SST’s Q2 2026 earnings report to assess whether profit trends align with the 1% growth target.
- Any changes in Sabeco’s dividend policy or ownership structure that could affect SST’s payout capacity.
- Regulatory or market developments affecting the beer industry in Vietnam, such as excise tax changes.
- SST’s ability to maintain dividend levels if EPS continues to decline from 2023 peaks.
- The actual payment on August 25, 2026, and any subsequent dividend announcements for 2026 (projected at 78.35%).