Guide to Dividend-Paying Stocks on HOSE and HNX (2025 )

Dividend-paying stocks are a cornerstone for investors seeking steady income and long-term wealth accumulation. In Vietnam, the Ho Chi Minh City Stock Exchange (HOSE) and the Hanoi Stock Exchange (HNX) host a variety of companies that offer attractive dividend yields. This guide provides insights into the landscape of dividend-paying stocks on these exchanges as of 2025, highlighting notable performers and offering strategies for investors.

Understanding HOSE and HNX

Vietnam’s stock market comprises two primary exchanges:

• HOSE (Ho Chi Minh City Stock Exchange): Primarily lists large-cap companies with significant market capitalization.

• HNX (Hanoi Stock Exchange): Focuses on smaller-cap firms and bonds.

These exchanges provide platforms for investors to trade shares of Vietnamese companies, many of which have established histories of dividend payments Vietnam-Agent.com .

Top Dividend-Paying Stocks in 2025

Several companies listed on HOSE and HNX have demonstrated consistent dividend payouts, making them attractive to income-focused investors. Notable examples include:

• Vietnam Dairy Products JSC (VNM): A leading dairy company known for regular dividend distributions.

• PetroVietnam Fertilizer & Chemicals Corporation (DPM): Engaged in fertilizer production, offering stable dividends.

• Pha Lai Thermal Power JSC (PPC): A power generation company with a history of high dividend yields.

• Vietnam Engine and Agricultural Machinery Corporation (VEA): Consistently paid cash dividends of 4,000–5,000 VND/share, equivalent to a dividend yield of 12%–15% per year over the past 5 years. GTJA

• Quang Ngai Sugar JSC (QNS): Has a history of consistently paying dividends in the range of 2,500–4,000 VND/share, equivalent to a dividend yield of 8%–17% per year over the past 5 years. GTJA

• Saigon Beer – Alcohol – Beverage Corporation (SAB): Offers a dividend yield of 10.35%. TradingView

• TNG Investment and Trading JSC (TNG): Paid a 2024 cash dividend of VND 800/share, with a dividend yield of 11.83%. vsd.vn+3vietnam.vn+3TradingView+3

Recent Dividend Announcements

In 2025, several companies have announced significant dividend payments:

• LPBank: Declared a 25% cash dividend for 2024, equivalent to VND 2,500 per share, scheduled for payment on May 26, 2025.

• Ho Chi Minh City Securities Corporation (HCM): Paid a cash dividend of VND 400 per share on June 6, 2025.

• Vietnam Sun Corporation (VNS): Distributed a cash dividend of VND 1,000 per share on May 29, 2025.

• Refrigeration Electrical Engineering Corporation (REE): Plans to distribute a 25% dividend for 2024, including a 10% cash payment and a 15% stock payment. The Saigon Times

Strategies for Investing in Dividend Stocks

When considering dividend-paying stocks, investors should:

1. Assess Dividend Yield: Evaluate the annual dividend relative to the stock price to determine income potential.

2. Examine Payout Ratio: A sustainable payout ratio (typically below 70%) indicates the company’s ability to maintain dividends.

3. Review Dividend History: Consistent dividend payments over several years suggest financial stability.

4. Consider Industry Trends: Understand the sector’s outlook, as industry performance can impact dividend sustainability.

By applying these strategies, investors can identify stocks that align with their income objectives.

Conclusion

Dividend-paying stocks on Vietnam’s HOSE and HNX exchanges offer investors opportunities for steady income and portfolio diversification. By focusing on companies with strong financials and consistent dividend histories, investors can build a resilient investment portfolio. As always, thorough research and due diligence are essential to making informed investment decisions Vietnam-Agent.com .