Dong Nai Port (PDN) pays 25% cash dividend

VHO - On June 25, Dong Nai Port Joint Stock Company (stock code: PDN) will close the list of shareholders to pay the second (final) dividend in 2024 and receive issued shares to increase share capital from equity.

Dong Nai Port is expected to increase its capital to more than VND555.6 billion. Illustrative photo

According to the plan, Dong Nai Port will pay cash dividends at a rate of 25%, equivalent to each shareholder holding 1 share will receive 2,500 VND. With more than 37 million shares in circulation, the total expected payment amount is about 92.5 billion VND. The dividend payment date is set for July 10.

At the same time, the company will issue more than 18.5 million shares to reward shareholders at a ratio of 2:1, meaning that shareholders who own 2 shares will receive 1 new share. The number of decimal shares arising during the issuance will be canceled according to regulations.

The source of capital for implementation is from the development investment fund determined as of December 31, 2024 according to the Company's audited financial report for 2024, equivalent to more than VND 485.2 billion.

After the issuance, Dong Nai Port is expected to increase its capital from more than VND 370.4 billion to more than VND 555.6 billion.

Regarding business activities, in the first quarter of 2025, Dong Nai Port recorded revenue of VND 354.5 billion and profit after tax of VND 99.15 billion, up 13% and 16.65% respectively over the same period in 2024.

This year, Dong Nai Port has set a business plan with a revenue target of VND 1,400 billion and an expected after-tax profit of VND 360 billion, up 3% and 4% respectively compared to the actual level in 2024. Thus, after the first 3 months of the year, the company has completed 25.3% of the revenue plan and 27.5% of the profit plan for the whole year.

Source: https://baovanhoa.vn/kinh-te/cang-dong-nai-pdn-chia-co-tuc-25-bang-tien-143550.html