Accordingly, CAP is expected to pay a cash dividend at the rate of 42%, equivalent to shareholders owning 1 share will receive 4,200 dong. Payment time is on 17\/5\/2023. With more than 7.85 million shares outstanding, CAP plans to spend about VND 33 billion to pay cash dividend for the year 2021-2022.<\/p>\n\n\n\n
Along with that, Yen Bai Forestry Products and Foodstuffs will also pay dividends in shares with the issuance rate of 28%, corresponding to shareholders owning 100 shares to receive 28 new shares. Thus, nearly 2.2 million new shares will be issued, the capital will be taken from undistributed EAT. Release time is expected in the second quarter of 2023.<\/p>\n\n\n\n
It is known that Yen Bai Agro-Food Products is a rare votive business enterprise on the stock exchange. In addition to votive paper, CAP also deals in tapioca starch. This helps CAP’s business results breakthrough when cassava export is a growing business and is considered a “billion dollar” agricultural export product of Vietnam.<\/p>\n\n\n\n
Favorable business thanks to an “expensive” agricultural product, stocks are “trying to” surpass the peak<\/strong><\/a><\/p>\n\n\n\n Accumulated for the first half of the year 2022-23 (October 1, 2022 – March 31, 2023), CAP’s net revenue reached more than VND 343 billion and profit after tax was VND 55 billion, up 30% and respectively. 48% over the same period.<\/p>\n\n\n\n In the company’s business segments, tapioca is the product that brings in the largest revenue with nearly VND 223 billion, accounting for nearly 65% \u200b\u200bof revenue in the first half of the year 2022-23. The base paper and votive paper segment brought in 77 billion and 43 billion dong, respectively.<\/p>\n\n\n\n Thus, after half a year of business, CAP has completed 59% of the revenue plan and approximately 79% of the profit plan. Previously, at the 2022 General Meeting of Shareholders, the company approved the revenue target of VND 580 billion and profit after tax of VND 70 billion.<\/p>\n\n\n\n Shareholders of CAP must be used to receiving a large dividend every year. Remember, in the 2020-2021 year, this company also strongly pays dividends with a total rate of 100% (50% in cash and 50% in shares).\ufeff<\/p>\n\n\n\n The high and steady dividend policy made CAP’s stock break out strongly on the stock exchange. In the context of the general market is somewhat gloomy, CAP has witnessed an increase of 26% since the end of November 2022. Since the beginning of the year, the CAP market price has increased by nearly 19% and is only about 5% from the historical peak, currently. stopped at 86,000 VND\/share.<\/p>\n\n\n\n Ngoc Ly\/Market life<\/p>\n","protected":false},"excerpt":{"rendered":" In the context of a gloomy general market, CAP witnessed an increase of [\u2026]<\/span><\/p>\n","protected":false},"author":1,"featured_media":902,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/pacificcapital.vn\/en\/wp-json\/wp\/v2\/posts\/1626"}],"collection":[{"href":"https:\/\/pacificcapital.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pacificcapital.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pacificcapital.vn\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pacificcapital.vn\/en\/wp-json\/wp\/v2\/comments?post=1626"}],"version-history":[{"count":1,"href":"https:\/\/pacificcapital.vn\/en\/wp-json\/wp\/v2\/posts\/1626\/revisions"}],"predecessor-version":[{"id":1627,"href":"https:\/\/pacificcapital.vn\/en\/wp-json\/wp\/v2\/posts\/1626\/revisions\/1627"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pacificcapital.vn\/en\/wp-json\/wp\/v2\/media\/902"}],"wp:attachment":[{"href":"https:\/\/pacificcapital.vn\/en\/wp-json\/wp\/v2\/media?parent=1626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pacificcapital.vn\/en\/wp-json\/wp\/v2\/categories?post=1626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pacificcapital.vn\/en\/wp-json\/wp\/v2\/tags?post=1626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"Business](\"https:\/\/cafefcdn.com\/203337114487263232\/2023\/4\/26\/cap-1682522880422-16825228807352074931114.png\" "\\"Business")
<\/a><\/figure>\n\n\n\n![\"Favorable](\"https:\/\/cafefcdn.com\/203337114487263232\/2023\/4\/26\/qcxgrqjb-1682522885732-1682522885885676570731.png\" "\\"Favorable")
<\/a><\/figure>\n\n\n\n