Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank - stock code CTG) plans to submit to the 2025 Annual General Meeting of Shareholders a plan to pay dividends in shares at a rate of 44.64% to increase capital, corresponding to the issuance of nearly 2.4 billion shares. The source of dividend payment is from remaining profits after tax, funds and cash dividends for the period 2009 - 2016. After this issuance, VietinBank's charter capital will increase from VND 53,700 billion to VND 77,671 billion. Previously, VietinBank also proposed that competent authorities approve the policy allowing the bank to retain all annual profits for the period 2024 - 2028 to increase capital, improve financial capacity, and expand credit growth. This means that in the coming years, shareholders of this bank will continue to receive dividends in shares.

PHOTO: NGOC THANG

VietinBank's dividend payout ratio is considered "huge" in the banking industry, second only to Vietcombank , which has just closed the list of shareholders to issue more than 2.76 billion dividend shares, equivalent to an issuance ratio of up to 49.5%.

In addition, many banks also presented plans to pay dividends in shares to investors. For example, Nam A Commercial Joint Stock Bank (stock code NAB) announced documents for the 2025 Annual General Meeting of Shareholders (AGM) scheduled to be held on March 28. In particular, the bank drafted a plan to increase its charter capital by more than VND4,200 billion, raising its charter capital from more than VND13,700 billion to more than VND18,000 billion. This capital increase will be implemented through issuing shares from equity capital and issuing shares under the employee stock option program (ESOP). In addition, Nam A plans to issue more than 343.1 million shares to pay dividends to shareholders, equivalent to a rate of 25% from equity capital. The issuance of ESOP shares will be carried out after the bank has completed paying dividends in shares. This year, the bank plans to submit to the 2025 Annual General Meeting of Shareholders a pre-tax profit target of VND5,000 billion, an increase of 10% over last year.

Meanwhile, Vietnam International Commercial Joint Stock Bank (stock code VIB) will also present to shareholders the plan to pay cash dividends at a rate of 7% and issue bonus shares to existing shareholders at a rate of 14%. The number of additional shares issued is more than 417 million shares. In addition, VIB will also issue 7.8 million bonus shares to employees, equivalent to a rate of 0.26%. In total, after completing the above two components, VIB's charter capital will increase from more than VND 29,791 billion to more than VND 34,040 billion...