Vinamilk tops payout value

Investors received dividends worth almost VND3 trillion (US$142.8 million) in cash from the beginning of this year to date from 88 listed companies on both national stock exchanges, according to statistics of Vietstock.vn.


Vinamilk (VNM) led in dividend payout by value in the first three months of this year, reaching VND667 billion ($317.6 million) at a ratio of 8 per cent.

This was the second payout advanced for the total dividend of 2013. Previously, the first dividend advance was paid at a ratio of 20 per cent and the company's management board recently agreed to increase the ratio of the rest to 12 per cent from 6 per cent. REE Corporation (REE) came second with the amount of nearly VND422 billion ($20 million) in the first quarter of this year at a ratio of 16 per cent. Besides, PetroVietnam Insurance Holdings (PVI), HCM City Infrastructure Investment Corporation (CII), Hung Vuong Corporation (HVG) and Viet Nam National Reinsurance Corporation (VNR) also paid dividends of more than VND100 billion ($4.8 million).