Vietnam Dividend Calendar: TMG, DBC, DVP, HTI Lead June Payouts

Overview

Over 30 Vietnamese listed companies are scheduled to close dividend entitlement lists in the first week of June, with cash dividend rates ranging from 2% to 50%. Notable names include Thai Nguyen Non-Ferrous Metals (TMG), Dabaco Vietnam Group (DBC), Dinh Vu Port Investment & Development (DVP), and IDICO Infrastructure Development Investment (HTI). The announcements highlight strong cash distribution policies across materials, consumer staples, logistics, and infrastructure sectors.

Key Facts

• TMG will close its shareholder list on June 5 for a 35% cash dividend (VND 3,500/share), paying out an estimated VND 63 billion on June 16, 2026.
• TMG’s total 2025 dividend is 50% cash; a 15% interim was paid on March 11, 2026. The company targets a 50.5% cash dividend for 2026.
• DBC (HOSE) closes on June 8 for a 3% cash dividend (VND 300/share) and a 12% stock dividend, issuing over 46.18 million new shares.
• DBC’s charter capital will rise from VND 3,848.7 billion to VND 4,310.5 billion after the stock dividend.
• DVP closes on June 5 for a 50% cash dividend (VND 5,000/share), with an estimated VND 200 billion payout on June 29.
• HTI closes on June 3 (ex-date) for a 20% cash dividend (VND 2,000/share), a record high for the company, paying nearly VND 50 billion on June 16, 2026.
• HTI’s parent company IDICO (IDC) will receive approximately VND 28.8 billion from the dividend.

What Happened

According to a market summary, 35 companies announced dividend entitlement closures for the week of June 1-5, with nearly 30 paying cash. TMG, a non-ferrous metals producer, will complete its 2025 dividend of 50% cash with the final 35% payment. The company’s annual general meeting approved a 50.5% cash dividend target for 2026.

Dabaco Vietnam Group (DBC) combines a modest 3% cash dividend with a 12% stock dividend, increasing its outstanding shares to over 431 million. Dinh Vu Port (DVP) offers a substantial 50% cash dividend, reflecting strong cash flow from port operations. IDICO Infrastructure (HTI) sets a record with a 20% cash dividend, up from 18% in 2024, signaling improved profitability.

Market Context

TMG last traded at VND 59,800 on May 17, 2026, down 14.69% with thin volume of 100 shares. DBC closed at VND 21,500 on May 30, down 0.69% on volume of 1,050,500 shares. DVP ended at VND 75,900, up 0.13% with low volume of 10,900 shares. HTI closed flat at VND 23,700 on volume of 47,700 shares. The dividend announcements come amid a mixed market environment, with high-yield stocks like DVP and HTI attracting income-focused investors.

Strategic Significance

TMG’s consistent high dividend policy (50%+ for 2025-2026) underscores its strong cash generation from non-ferrous metals operations, appealing to income-oriented shareholders. DBC’s stock dividend reflects a strategy to reward shareholders while retaining cash for working capital in the volatile animal feed and livestock sector. DVP’s 50% cash payout highlights the stable cash flows from port operations in Hai Phong, a key logistics hub. HTI’s record dividend signals improved financial health and parent company IDICO’s support, positioning it as a reliable infrastructure dividend play.

What to Watch

• TMG’s Q2 2026 earnings report to assess sustainability of high dividend payouts.
• DBC’s stock price reaction post-ex-dividend date and the impact of share dilution.
• DVP’s upcoming dividend schedule for the remainder of 2026.
• HTI’s ability to maintain or increase the dividend given its record payout.
• Foreign ownership limits and net foreign buying activity in these tickers post-dividend.