Sonadezi Long Thanh (SZL) Declares 95% Dividend for 2025, Record Date Sept 17
This Aveluro analysis covers SZL on HOSE in the Real Estate 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
Sonadezi Long Thanh (SZL) has announced a 2025 dividend totaling 95%, consisting of a 25% cash dividend and a 70% stock dividend. The record date is set for September 17, 2026, with cash payment expected on October 7, 2026. This high payout reflects the company’s robust financial position and its strategy to reward shareholders while expanding its capital base.
Key Facts
- Total dividend for 2025: 95% (25% cash + 70% stock).
- Cash dividend: 25%, equivalent to VND 2,500 per share.
- Record date: September 17, 2026; cash payment date: October 7, 2026.
- Estimated cash payout: ~VND 71 billion based on ~28.4 million shares outstanding.
- Stock dividend: 70%, issuing over 19.8 million new shares (10 shares receive 7 new shares).
- Charter capital expected to rise from over VND 291 billion to nearly VND 490 billion.
- H1 2026 net revenue: VND 297 billion (+11% YoY); after-tax profit: nearly VND 63 billion (+3% YoY).
- Share price on August 27, 2026: VND 52,400.
What Happened
Sonadezi Long Thanh Joint Stock Company (SZL), listed on HOSE, announced the record date for its 2025 dividend payment. Shareholders on the record date will receive a cash dividend of 25% (VND 2,500 per share) and a stock dividend of 70% (7 new shares for every 10 held). The cash dividend is scheduled for payment on October 7, 2026.
The company will issue more than 19.8 million new shares to fulfill the stock dividend, increasing its charter capital from over VND 291 billion to nearly VND 490 billion. The announcement was made via a company disclosure, and the record date is set for September 17, 2026.
Market Context
SZL closed at VND 52,400 on August 27, 2026, reflecting a stable valuation in the real estate sector on HOSE. The company’s H1 2026 results show moderate growth, with revenue up 11% and profit up 3% year-on-year. The high dividend yield (95% of par value) is notable, especially in a market where many firms are conserving cash. This payout may attract income-focused investors, though the stock dividend dilutes shares, potentially affecting price dynamics.
Strategic Significance
The 95% dividend underscores Sonadezi Long Thanh’s strong cash flow and commitment to returning capital to shareholders. The stock component allows the company to retain cash for operational needs while rewarding investors. The increase in charter capital from VND 291 billion to nearly VND 490 billion could support future expansion, particularly in its industrial park and real estate projects. For long-term investors, this signals confidence in the company’s earnings stability and growth prospects, though dilution from the stock dividend is a factor to consider.
What to Watch
- Execution of the stock dividend issuance and the resulting share count increase.
- Q3 2026 earnings report to assess whether growth momentum continues.
- Any updates on Sonadezi Long Thanh’s industrial park projects or land bank development.
- Market reaction to the dividend announcement and potential price adjustments post-record date.
- Regulatory approvals for the capital increase, if any are required.