TIẾNG VIỆT BIDV to spend over $206.5 million for 2017, 2018 dividends
Photo courtesy of BIDV
According to statement posted on lender’s website, total cash dividend of 2017 and 2018 is 14%. Shareholders will receive VND1,400 or $0.06 per holding share.
The payment date is scheduled December 12th, 2019 and final registration date is November 8.
During the annual general meeting held in April 2019, shareholders approved 2018 cash dividend at 6%.
For business results, in third quarter this year, bank reported pretax profit at over $100 million, a slight increase of 1.6% compared to the same period last year.
However, after 9 months, BIDV's pretax profit dropped by 3.3% to $303.6 million.
As of September 30th, lender's total assets stood at $61.5 billion, up 8.6% compared to the beginning of the year. Outstanding loans reached over $46.3 billion, up 8.6% while deposits were also at $46.8 billion, up 9.6%.
The ratio of bad debts was reported at 2.09%.
