TMG Announces 35% Cash Dividend for 2025, Record 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) announced a 35% cash dividend for 2025, with the record date set for June 5, 2026, and payment on June 16. This final tranche completes the total 50% cash dividend approved at the 2026 AGM. The company also reported strong Q1 2026 results, with pre-tax profit surging 119% year-on-year.
Key Facts
- TMG will pay a 35% cash dividend (VND 3,500 per share) for 2025, with record date June 5, 2026, and payment date June 16, 2026.
- Total cash dividend for 2025 is 50%, with 15% already paid on March 11, 2026.
- Estimated payout for this tranche is VND 63 billion, based on 18 million outstanding shares.
- For 2026, TMG plans to maintain a high cash dividend policy at 50.5%.
- Q1 2026 net revenue reached VND 330 billion (+6% YoY); pre-tax profit was VND 35 billion (+119% YoY).
- Full-year 2026 targets: revenue VND 1,434 billion (+14% YoY) and pre-tax profit VND 150 billion (+23% YoY).
- TMG is a subsidiary of Vimico (KSV) and part of Vinacomin, focusing on mining and processing of ore and zinc.
What Happened
CTCP Kim loại màu Thái Nguyên – Vimico (TMG) announced that it will close the shareholder list on June 5, 2026, for the second cash dividend payment for 2025 at a rate of 35% (VND 3,500 per share). Payment is scheduled for June 16, 2026. This follows an interim dividend of 15% paid on March 11, 2026, bringing the total 2025 cash dividend to 50%, as approved at the 2026 Annual General Meeting.
The company also disclosed its Q1 2026 business results: net revenue of VND 330 billion, up 6% year-on-year, and pre-tax profit of VND 35 billion, a 119% increase. For the full year 2026, TMG targets revenue of VND 1,434 billion and pre-tax profit of VND 150 billion, representing growth of 14% and 23% respectively over 2025. After the first quarter, the company achieved 23% of both annual targets.
Market Context
TMG shares closed at VND 59,800 on May 17, 2026, down 14.69% from recent highs. The stock reached an all-time high of VND 80,000 in mid-February 2026 before correcting. Trading liquidity is typically thin due to a concentrated shareholder base. TMG is listed on the HOSE exchange. The high dividend yield (implied ~5.8% at current price for the 35% tranche) may attract income-focused investors, but low liquidity remains a concern.
Strategic Significance
TMG’s commitment to a high cash dividend policy (50% for 2025, 50.5% planned for 2026) signals strong cash flow generation and management’s confidence in earnings stability. The 119% surge in Q1 pre-tax profit, driven by higher zinc prices or operational efficiencies, supports the payout. As a subsidiary of Vimico (KSV) and part of Vinacomin, TMG benefits from state backing and integrated mining operations. However, the thin trading volume limits institutional participation and price discovery.
What to Watch
- Q2 2026 earnings release to confirm sustained profit growth.
- Zinc price trends on global exchanges, as they directly impact TMG’s revenue.
- Any changes in dividend policy for 2026 or special dividends.
- Trading volume and liquidity improvements that could attract broader investor interest.
- Updates on Vimico’s (KSV) consolidation or restructuring plans affecting TMG.