NBB delays dividend payment to July 20

The southern bourse-listed Nam Bay Bay Investment Joint Stock Co (coded NBB) has recently announced to adjust its dividend payment for 2011.

According to previous announcement, the dividend payment of 2011 was to be April 26. However, the company would now pay the dividend on July 20.

The dividend ratio would be 16 percent in cash, equalling to 1,600 dong per share, equalling a total amount of about 28.32 billion dong.

In 2012, the company plans to retain the dividend payment like 2011 at 16 percent in cash.

In the first quarter of 2012, NBB gained 110.5 billion dong revenue, equalling to 76.25 percent of the same period last year and it’s after tax profit was over 10 billion dong, or 50.69 percent from last Q1.

 

Category: Stocks