On June 10, SHB closed the list of shareholders to pay cash dividends in 2024

(Chinhphu.vn) - Saigon - Hanoi Commercial Joint Stock Bank (SHB) has just announced the record date for shareholders to pay 2024 cash dividends at a rate of 5%. According to the Resolution of the Annual General Meeting of Shareholders (AGM) in 2025, SHB will pay 2024 dividends at a total rate of 18%, including 5% in cash and 13% in shares.

According to the Resolution of the Board of Directors, June 10, 2025 is the last registration date for shareholders to exercise their right to receive 2024 cash dividends at a rate of 5% and June 20, 2025 is the payment date for securities owners.

According to the Resolution of the Board of Directors, June 10, 2025 is the last registration date for shareholders to exercise their right to receive 2024 cash dividends at a rate of 5% and June 20, 2025 is the payment date for securities owners.

At the 2025 Annual General Meeting of Shareholders held last April, the Board of Directors ofSHB Bank emphasized their readiness and proactive implementation of dividend distribution to shareholders as soon as possible. SHB is a bank that focuses on customers and the market but always on the basis of ensuring the interests of shareholders and investors.

With more than 1,500 shareholders and proxies attending the meeting out of a total of more than 100,000 shareholders, SHB is one of the enterprises with the largest number of attendees in the market, demonstrating the interest and confidence of investors in the Bank. Shareholders expressed their joy with SHB's business results and its regular annual dividend policy with a high rate in both shares and cash.

In the stock market, statistics show that SHB's stock price has increased by more than 40% compared to the beginning of the year and is one of the stocks with the highest liquidity in the market with an average volume of more than 83 million shares/session in the past month. The attractiveness of SHB's stock is also shining in the eyes of foreign investors through the fact that foreign investors have bought the largest net volume ever.

SHB plans to increase its charter capital to VND 45,942 billion, continuing to maintain its position in the TOP 5 largest private banks in Vietnam.

In 2025, SHB aims to have total assets exceeding VND832 trillion. Pre-tax profit will reach VND14,500 billion, up 25% compared to 2024. Total outstanding credit growth will be 16%. The bad debt ratio will be strictly controlled below 2%. Of which, by the end of the first quarter of 2025, SHB's total assets will reach VND790,742 billion, up 6% compared to the end of 2024.

Outstanding credit balance reached VND 575,777 billion, up 7.8%, focusing on investment in key production and business sectors and industries with growth potential associated with the sustainable development orientation of the economy , creating a foundation for stable and effective growth in the long term. SHB's pre-tax profit in the first quarter reached nearly VND 4,400 billion, reaching 30% of the 2025 plan. This growth shows SHB's solid internal capacity and a favorable foundation for breakthrough growth targets. SHB is also in the TOP 5 Private Banks and TOP 15 Private Enterprises with the largest budget contributions.

SHB plans to increase its charter capital to VND45,942 billion, continuing to maintain its position in the TOP 5 largest private banks in Vietnam. SHB is also completing documents to submit to the management agency, carrying out procedures to prepare for issuing shares to pay 2024 dividends in shares at a rate of 13%. The dividend payment rate for 2025 is expected to be 18%.

SHB aims to become a bank with total assets of 1 quadrillion VND by 2026, marking an important step forward in its position in the domestic and regional financial markets.

Recently, Fitch Ratings announced the results of its first international credit rating for SHB. The bank was rated by Fitch at "BB–" for long-term debt issuance in local and foreign currencies (Long-Term Issuer Default Ratings – IDRs), with a stable rating outlook, among the top groups in the banking industry. Fitch is one of the three leading credit rating organizations in the world. Being rated at BB – affirms SHB's reputation and financial capacity in the international market, while also reflecting its solid financial foundation and stable profitability.

In the period of 2024-2028, SHB sets a strategic goal of becoming a TOP 1 Bank in terms of efficiency; Most favorite Digital Bank; Best Retail Bank and at the same time a TOP Bank providing capital, financial products and services to strategic private and state enterprise customers, with a supply chain, value chain, ecosystem, and green development. Vision to 2035, SHB will become a modern retail bank, a green bank, a digital bank in the TOP of the region.

Mr. Minh

Source: https://baochinhphu.vn/ngay-10-6-shb-chot-danh-sach-co-dong-de-chi-tra-co-tuc-bang-tien-nam-2024-102250519110814042.htm