Specifically, from December 28, 2023, Bao Viet Group will start paying cash dividends at a rate of 9.54%, equivalent to 954 VND per share. With more than 742 million shares in circulation, Bao Viet will spend more than 708 billion VND to pay dividends to existing shareholders.

In the context of the global economy and market with many unstable and unpredictable fluctuations, the dividend payout ratio of 9.54% in cash can be considered a stable dividend with great potential not only in the insurance industry but also in the current stock market. After this dividend payment, the total amount expected to be paid to Bao Viet shareholders from equitization (2007) to the end of 2023 will reach more than 12,400 billion VND.

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As a leading insurance company with strong financial capacity, Bao Viet always fulfills its commitments to shareholders and strives to increase value for investors. Since equitization, the total amount of money Bao Viet has paid to the State Budget has reached more than 28,000 billion VND.

After the first 9 months of the year, consolidated pre-tax and after-tax profits reached VND 1,712 and VND 1,428 billion, respectively, up 10.2% and 14.1% over the same period in 2022. Total consolidated revenue reached VND 42,777 billion, up 6.2%. Total consolidated assets as of September 30, 2023 reached VND 215,293 billion, up 6.8% compared to December 31, 2022.

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The Parent Company's total revenue reached VND 1,164 billion, profit after tax reached VND 826 billion, closely following the plan approved by the General Meeting of Shareholders. The Parent Company's total assets reached VND 18,278 billion, equity reached VND 18,090 billion, growth of 4% and 4.6% respectively compared to December 31, 2022.

Towards the 60th anniversary of its establishment (January 15, 1965 - January 15, 2025), Bao Viet implements a sustainable development strategy in its business strategy to create new values ​​and share those values ​​with the community. In 2023, Bao Viet was recognized in the Corporate Sustainability Assessment (CSA) of S&P Global. To be evaluated in the DJSI, Bao Viet needs to meet strict requirements on many factors such as: corporate financial health, stock value, transparency, corporate sustainability, etc.

Bao Viet Group is the leading Finance - Insurance Group in Vietnam. With a history of development since 1965, Bao Viet is proud to be the first insurance company established in Vietnam. Currently, the Group is headquartered in Hanoi with about 200 branches nationwide. Since June 2009, the Group's shares (BVH) have been listed on the Ho Chi Minh City Stock Exchange.

Website: www.baoviet.com.vn.

Ngoc Minh