Commercial Joint Stock Bank for Investment and Development of Vietnam (BIDV) has announced information on the extraordinary general Shareholder Meeting in 2019. The scheduled time is December 27th in Hanoi.
This meeting is to approve the contents under the authority of the Shareholders Meeting.
Recently, BIDV successfully sold 15 percent of charter capital to KEB Hana Bank (South Korea) and additionally listed on the stock market more than 603.3 million BID shares on December 3rd, valued at more than 6.033 trillion dong at par value of 10,000 dong per share. Thus, the charter capital of BIDV has increased from 34.187 trillion dong to 40.220 trillion dong.
On December 12th, BIDV will distribute 2017 and 2018 dividends in cash to shareholders according to the list closed on November 8th. The dividend payout rate for each year is seven percent per share (each shareholder owning one BID share will receive 700 dong in cash for each year 2017 and 2018).
Thus, the State Bank of Vietnam (SBV)the largest shareholder of BIDV at the recent time, owner of 95.28 percent of stake (before BIDV sold 15 percent of stake to KEB Hana Bank) will receive about 4.560 trillion dong of dividends for both 2017 and 2018.
