(Bizlive.vn) Getting on the stock market for a little while, HVH is about to pay in advance 10% cash dividend

According to Electronic Journal of Investment Forum - BizLIVE.vn. See details here

BizLIVE - HVH expects to spend VND20 billion for this dividend. This is also the first dividend payment of this enterprise since it was listed on the stock market at the end of November 2018.

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On March 19, HVC Investment and Technology JSC (HVH code) will close the list of shareholders receiving advance dividends in 2018 at the rate of 10% in cash (01 share receives 1,000 dong).

This is the first time that HVH has paid dividends since the start of their stock. With 20 million shares on the market, HVH expects to spend 20 billion dong for this dividend. Expected payment date March 29, 2019.

At the end of November last year, HVC Investment and Technology officially brought 20 million shares to trade on HoSE with stock code HVH, chartered capital equivalent to 200 billion dong. Reference price on the first trading day of VND 15,600 / share, HVH closed at the top price of VND 18,700 / share.

Up to now, after about 3 months of trading on the stock exchange, HVH has climbed to 21,150 VND / share at the end of February 28th, increased nearly 36% compared to the starting point. Market capitalization reached VND 423 billion.

On March 19, HVH also closed the list of shareholders attending the Annual General Meeting of Shareholders in 2019. The meeting is scheduled to take place on April 20, 2019.

In terms of business results, HVH ended 2018 with 491 billion in revenue, doubled compared to the previous year. Profit after tax is also 3 times higher than in 2017, reaching VND 50.7 billion, basic earnings per share (EPS) equivalent to VND 2,537. By the end of 2018, HVH has "earned" over 66 billion dong of undistributed after-tax profit.