Sonadezi Corporation (SNZ) shareholders prepare to receive 2023 cash dividends

Industrial Park Development Corporation (Sonadezi) will pay dividends for 2023 from October 14, 2024 at a rate of 12%, meaning 1 share will receive 1,200 VND.

Industrial Park Development Corporation (Sonadezi - UPCoM stock code: SNZ) has just announced the payment of 2023 cash dividends at a rate of 12%. The record date is September 30 and the dividend payment period will be from October 14, 2024.

Regarding the place of payment, for deposited securities, the owner shall complete the procedures to receive dividends at the depository members where the depository account is opened. For undeposited securities, the owner shall complete the procedures to receive dividends on working days of the week at the Accounting Department - Sonadezi Corporation.

In the first 6 months of 2024, Sonadezi Corporation recorded net revenue of more than VND 2,855 billion and net profit of VND 545 billion, up 18% and 54% respectively over the same period last year.

There are two forms of payment: cash or bank transfer. If it is cash, when receiving dividends, shareholders need to present identification documents. If receiving via bank transfer, shareholders must send a request to receive 2023 dividends to the Accounting Department - Sonadezi Corporation.

Previously, a series of member units of Sonadezi Corporation (SNZ) also announced the closing of dividend payment rights in September 2024, at a rate of 8-20%.

For example, Sonadezi Service Joint Stock Company (UPCoM: SDV) plans to spend VND10 billion to pay 2023 dividends at a rate of 20% in cash (VND2,000/share) on September 27. The ex-dividend date is September 12, 2024.

It is known that Sonadezi Service Joint Stock Company is an indirect subsidiary of Sonadezi Corporation with a 35.38% interest rate. In which, Sonadezi Corporation directly contributes 20% of capital, expecting to receive 2 billion VND in dividends.

Similarly, Sonadezi Long Thanh Joint Stock Company (HOSE stock code: SZL) also announced the final date for the second dividend payment in 2023, at a rate of 20% in cash (VND 2,000/share), equivalent to a payment of nearly VND 55 billion. The ex-rights transaction date is September 20 and payment is on October 2, 2024.

Currently, Sonadezi Corporation is the parent company that directly owns 52.29% of Sonadezi Long Thanh Company's capital, and is expected to receive more than VND 28.5 billion in dividends in the next distribution. Combined with the 12% advance payment (paid in November 2023), the total dividend rate for 2023 of Sonadezi Long Thanh Company is 32% in cash, completing the plan assigned by the General Meeting of Shareholders.

Meanwhile, Sonadezi Environment Joint Stock Company (UPCoM stock code: SZE) chose September 30 as the ex-dividend date to pay 2023 dividend at the rate of 8% in cash (VND800/share). With 30 million outstanding shares, the amount Sonadezi Environment Company needs to spend is VND24 billion. Payment date is October 15, 2024.

Regarding shareholder structure, Sonadezi Environment Company (SZE) is a direct subsidiary of Sonadezi Corporation with a 64.04% ownership ratio, so Sonadezi Corporation expects to collect nearly VND 15.4 billion in dividends in the next dividend payment.

Source: https://baodautu.vn/co-dong-tong-cong-ty-sonadezi-snz-chuan-bi-nhan-co-tuc-2023-bang-tien-d225194.html