TCD: Stock Dividend settled at 6%

06/26/2017

The Ex-rights date will be 07/05/2017 and the last register date will be 07/06/2017. Dividend payout ratio is 6% by stock (Shareholder holds 1000 stocks will receive 60 new stocks). From 2017, TCD will strive for paying cash dividend with the ratio from 10-12%. Revenue of 2017 is expected to get 879 billions dong and the profit after tax is 63.6 billions dong.

End of the session on June 23rd, TCD stock’s market price was at 17.600d/stock with total trading amount was 144,270 units. Two big shareholders of TCT, which are Bamboo Capital Joint Stock Company and Intact Management Organization, are holding 53.64% and 10%.

TCD’s authorized capital was 324.8 billions dong, after issue shares to pay dividend, authorized capital increased to 343.4 billions dong. On the upcoming June 28th 2017, TCD will hold the extraordinary general meeting to elect one more member from Intact Management for board of directors./.