PRODUCTS & SERVICES

CMC Telecom to pay dividends, bonus shares total 70.8% rate

Jul 14, 2017

[Cafef] On the next 21/7 Telecommunications Infrastructure Corporation (CMC Telecom) will close the list of shareholders to pay dividends in 2016 and issuance of bonus shares from the capital increase implemented by the surplus of the total percentage of share capital 70.8%.

Which pay cash dividend payout ratio of 10% (shareholders holding 1 shares will receive VND 1,000). Time payment on 04/08/2017. CMC Telecom also simultaneously closing the list of shareholders  for dividend payment in shares of 10% (shareholders owning 10 shares will receive one new share).

In addition, CMC Telecom also  issued bonus shares  from the capital increase implemented from surplus equity. 50.8% release rate, respectively shareholders owning 1,000 shares will receive 508 new shares.

CMC Telecom has chartered capital of 335 billion VND, respectively, the company will spend 33.5 billion in cash returns to shareholders. Simultaneously issuing 3.5 million shares to pay dividends. Value issued at par value of 33.5 billion

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In addition, CMC Telecom also issued more than 17 million new bonus shares to shareholders. Value issued in denominations of more than 170 billion.

CMC Telecom in 2016 reached 1,047 billion in revenues, up 27% compared to 2015; After-tax profits reached 73.3 billion, up 14% from a year earlier. Total profit after tax retained to the end of 2016 is 73.3 billion.

Thus, if used 35.5 billion in cash and pay dividends 35.5 billion issued shares pay dividends, CMC Telecom has used 70 billion 2016 dividend payment to shareholders, corresponding deduction to 95 % of total full-year profit to pay dividends.

4/2016 on the company’s quarterly financial statements, the equity surplus until the end of 2016 also recorded more than 170 billion. CMC Telecom has used up this account dividend to shareholders.

After release, CMC Telecom will raise chartered capital to nearly 539 billion.

Source:
http://cafef.vn/cmc-telecom-tra-co-tuc-co-phieu-thuong-tong-ty-le-708-20170712170418673.chn