HU1 to pay 20pct cash dividend

HUD1 Construction and Investment Joint Stock Co (coded HU1) has recently announced to pay 2011 dividend in cash at 20%, equalling to 2,000 dong per share.

Accordingly, the ex-interest date is on July 10 and the payment date is scheduled on July 31.

In 2011, HU1 gained 51.86 billion dong profit and paid 20 percent dividend.

In 2012, HU1 targets to reach 670 billion dong revenue and pre tax profit at 30 billion dong with an expected dividend at 16%.

Till the end of the first quarter of 2012, HU1 reported gaining pre tax profit of 579 million dong, or 2 percent of the year’s plan.

HU1-coded share ended July 2 at 13,200 dong per unit.

 

Category: Stocks