New tool appears to help "traders" find high dividend stocks

(Dan Tri) - In the context of a volatile market, many investors prioritize disbursement into stocks of enterprises with regular dividend rates and high payouts, so the Ho Chi Minh City Stock Exchange immediately took action.

The Ho Chi Minh City Stock Exchange (HoSE) recently issued rules for the construction and management of an index of dividend-paying growth stocks, named Vietnam Dividend Growth Index (VNDIVIDEND).

VNDIVIDEND is expected to include 10 to 20 stocks selected from the list of component stocks of the VNAllshare basket. Stocks included in this index must meet conditions such as being listed for 5 years or more, having a market capitalization of more than VND2,000 billion, daily trading value of VND8-10 billion, and having positive after-tax profits in the last 4 quarters.

From the list of stocks meeting the above criteria, the system will continue to select stocks with a dividend payout ratio compared to the 3-year average of over 80% if they are in the previous index basket, or over 100% if they are not in the basket.

More specifically, the list of these codes is calculated by the dividend payout ratio of year T-2 (2 years before the review time) compared to the average of the previous 3 consecutive years (T-3, T-4, T-5).

Vietnam stock exchange has first index tracking dividend-paying stocks VNDIVIDEND (Photo: Hai Long).

Then, depending on the number of stocks that meet the conditions, the official index basket will include a maximum of 20 stocks with high dividend payout ratios or a minimum of 10 stocks if the source of selected stocks is limited.

The launch of VNDIVIDEND comes shortly after HoSE introduced two new indices in August, including VNMITECH - tracking modern industrial and technology enterprises, and Vietnam Growth 50 Index (VN50 Growth) - reflecting a group of outstanding growth enterprises in the market.

Source: https://dantri.com.vn/kinh-doanh/xuat-hien-cong-cu-moi-giup-chung-si-tim-co-phieu-chia-co-tuc-cao-20251007190608560.htm