Profitability higher than most VN30 groups, Masan Consumer continues to pay dividends

Recently, Masan Consumer announced that it will pay a cash dividend of 55% in July and ask for shareholders' opinions to pay an interim dividend for 2024. This means that the company will continue to pay dividends this year after the previous decision to pay a dividend of 100%.

Market capitalization reaches over 158,000 billion VND, leading the consumer industry. At the end of the trading session on June 21, MCH's market price reached 220,500 VND/share. Since the beginning of 2024, MCH shares have increased by 150%, establishing a market capitalization value of over 158,000 billion VND, surpassing Vinamilk (VNM), Mobile World (MWG) and Sabeco (SAB) to become the largest enterprise in the food and beverage industry on the Vietnamese stock exchange. Paying "huge" dividends According to information from the General Meeting of Shareholders of Masan Consumer, the enterprise plans to pay cash dividends at a rate of 100% (1 share receives 10,000 VND). Previously, in July 2023, the company had provisionally paid 45% (1 share received VND 4,500) and will pay the remaining 55% (1 share received VND 5,500) in July. Accordingly, if MCH distributes all remaining retained earnings this year in cash dividends, along with the 55% dividend just announced, the dividend yield on capitalization could be up to more than 10%, nearly double the deposit interest rate at some banks. This is an attractive investment for investors with a preference for stocks with high cash dividend payments. Profit margin surpasses FMCG companies in the region From 2017 to 2023, Masan Consumer grew at a rate 2.2x the general market rate. According to a recent report by HSBC, Masan Consumer has high profit margins, stable revenue growth and significantly outperforms its peers in the FMCG and packaged food sectors in the region. In addition to MCH, Masan also owns other segments such as WinCommerce, Masan MEATLife, Masan High-Tech Materials, Phuc Long Heritage, shares in Techcombank , etc. Masan is like a house in which the assets of Masan Consumer and Techcombank alone exceed the value of the house without taking into account other assets. MCH does not stop there, this business possesses a lot of potential to continue to break through in the future, thereby expanding the potential for stock price increases.

Source: https://www.masangroup.com/vi/news/masan-news/average-5-year-ROE-higher-than-any-other-VN30-companies-Masan-Consumer-continues-to-pay-dividends.html