TMG to Pay 35% Cash Dividend for 2025, Ex-Date June 5
This Aveluro analysis covers TMG. 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.
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Overview
Thai Nguyen Non-Ferrous Metals (TMG) will close its shareholder list on June 5 to pay a 35% cash dividend for 2025, equivalent to 3,500 VND per share. The payment is scheduled for June 16, 2026. This final dividend brings the total 2025 cash dividend to 50%, as approved at the annual general meeting.
Key Facts
- TMG will pay a 35% cash dividend (3,500 VND/share) for 2025, with ex-date June 5 and payment on June 16, 2026.
- With 18 million shares outstanding, the total payout amounts to approximately 63 billion VND.
- An interim dividend of 15% was paid in February 2026, making the full-year 2025 dividend 50% in cash.
- TMG reported 2025 net revenue of 1,255 billion VND (+8% YoY) and net profit of 76 billion VND (+6% YoY).
- In Q1 2026, net revenue reached 330 billion VND (+6% YoY) and net profit doubled to 28 billion VND.
- Retained earnings after tax stood at over 101 billion VND as of end-Q1 2026.
- TMG is 51% owned by Vinacomin Minerals Holding Corporation, with charter capital of 180 billion VND.
What Happened
Thai Nguyen Non-Ferrous Metals (TMG) announced it will close the shareholder list on June 5 to pay the remaining cash dividend for 2025 at a rate of 35%, or 3,500 VND per share. The payment date is set for June 16, 2026. This follows a 15% interim cash dividend paid in February 2026, bringing the total 2025 dividend to 50% in cash, as approved by the annual general meeting.
The company, formerly known as Bac Thai Non-Ferrous Metallurgy Complex under the Ministry of Mechanical and Metallurgy, was established in 1979. It held its IPO on the Hanoi Stock Exchange (HNX) in 2014 and now operates as a joint-stock company with charter capital of 180 billion VND. Its main activities include producing non-ferrous and precious metals, mining rare metal ores, and supplying zinc ingots, zinc oxide powder, and lead concentrates.
Market Context
TMG shares closed at 59,800 VND on May 17, 2026, down 14.69% from the previous session with very low volume of 100 shares. The stock trades on the HNX. The 35% dividend yield (based on the current price) is attractive, but the low liquidity and recent price drop may reflect broader market caution or sector-specific headwinds. The company’s solid earnings growth in Q1 2026 (net profit doubled YoY) provides fundamental support.
Strategic Significance
The 50% total cash dividend for 2025 underscores TMG’s strong cash generation and commitment to shareholder returns. The company’s retained earnings of over 101 billion VND as of Q1 2026 suggest capacity to sustain dividends. However, the low trading volume and concentrated ownership (51% held by Vinacomin) limit free float and may deter institutional investors seeking liquidity. The dividend announcement reinforces TMG’s profile as a high-yield, state-backed mining company.
What to Watch
- Q2 2026 earnings release to assess earnings momentum and dividend sustainability.
- Any changes in zinc or lead prices, which directly impact TMG’s revenue.
- Potential corporate actions from the majority shareholder, Vinacomin.
- Trading volume trends to see if the dividend attracts new investors.
- Updates on mining output or expansion plans.