OGC plans to pay 5pct dividend on Jul 30

Ocean Group Joint Stock Co (coded OGC) has recently announced the resolution of the management board about dividend payment for 2011.

Accordingly, the company’s management board agreed to pay 2011 dividend at 5%, equalling to 500 dong per share.

The ex-dividend date and registration deadline is on July 12 and 16 respectively.

The payment date is scheduled on July 30.

With a chartered capital of three trillion dong, OGC will spare 150 billion dong for its dividend payout.

In 2011, OGC gained 170 billion dong after tax profit.

This year, OGC expects to earn 800 billion dong pre tax profit and 12 percent dividend. In addition, OGC plans to scale up its chartered capital to five trillion dong.

 

Category: Stocks