PVS planned to pay more than 334 billion dong of dividend 2018

On the 17^th Sep 2019, Petro Vietnam Technical Services Corporation (PTSC, MCK: PVS) gave the notice on the last day to implement the right to receive cash dividend 2018.

In the announcement, PVS said that the plan to pay dividends in cash in 2018 at a rate of 7%, corresponding to shareholders who own 1 share will receive about 700 dong. The last registration date is September 30^th, 2019 and the payment date is Oct 30^th, 2019.

Therefore, with nearly 478 million shares listed, PVS expects to spend about 334.6 billion dong to pay dividends to existing shareholders.

PVS planned to pay 334 billion for cash dividend 2018.

According to the audited financial statements in 2018, PVS achieved VND 14,638 billion in revenue; profit after tax of 573 billion. In 2019, PVS sets a target of 13,000 billion dong revenue, 560 billion dong EAT and dividend payment rate of 7% in cash.

In the stock market, PVS shares are actively traded, the current price of PVS is 20,700 dong / share (September 17, 2019), up more than 20% compared to the beginning of 17,200 dong (January 2, 2019).