Vietjet finalizes its shareholder list to pay share dividend by 20%
(Ho Chi Minh City, May 21, 2018) According to a notice of the State Securities Commission of Vietnam (SSC) dated May 17th, 2018, this commission approved the share issuing plan to pay dividend of Vietjet Aviation Joint Stock Company (HOSE code: VJC).
Accordingly, SSC requested Vietjet to issue its shares in accordance with the plan approved by the Resolution of General Annual Shareholders Meeting 2018, the Resolution No. 02-18/VJC-ĐHCĐ-NQ dated April 26th, 2018 approved the dividend payment plan of 60% in 2017, of which 40% by cash and 20% by shares.
Vietjet Board of Directors approved the final registration date of receiving dividend payment by shares is on July 2nd, 2018, the ex-rights date is June 29th, 2018. Shareholder who owns 10 shares will receive 2 new shares. After having completed dividend payment, Vietjet’s charter capital will increase from VND4,513 billion to VND5,416 billion.
Previously, the company paid a 2017 dividend of 40% by cash.
Over the years, Vietjet has regularly paid high dividends from time to time over 100% to its shareholders. In 2018, the Company has approved dividend payment plan by 50%.
Closing price of VJC shares at the trading session on May 18th was VND190,000.