Hanoi (VNS/VNA) — Several leading companies in the industrial park sector have announced substantial dividend payouts for their shareholders following impressive earnings in the second quarter of 2025.
According to data from the Ministry of Construction, the industrial real estate segment remains a robust growth area, characterised by rising supply, occupancy rates and rental prices.
As of mid-2025, the average occupancy rate across industrial parks nationwide stands at approximately 80%, with certain areas such as Ha Noi, Bac Ninh, Binh Duong and HCM City reporting occupancy rates exceeding 90%.
Meanwhile, rental prices have seen an increase of about 5-8% compared to the same period last year, with specific types of warehouses experiencing a rise of 3-5%.
The recent positive developments in the industrial real estate sector are evident not only in supply and rental prices but also in the profitability of companies.
With strong profit growth, many firms have opted for generous cash dividend distributions, with rates reaching as high as 60%.
Dividend distributions
Among the notable companies, Nam Tan Uyen JSC has announced a cash dividend of 60%, translating to 6,000 VND per share (0.23 USD). The last registration date for shareholders is August 25, with payments set for September 25.
This dividend maintains Nam Tan Uyen's reputation for consistent cash dividends, which have historically ranged from 12% to 200% annually.
With nearly 24 million shares outstanding, the total payout is estimated at 144 billion VND (5.5 million USD), with major shareholders like Phuoc Hoa Rubber JSC expected to receive approximately 47 billion VND.
The financial report for the second quarter showed Nam Tan Uyen achieving a net revenue of over 143 billion VND, more than double that of the same quarter last year.
This surge is primarily attributed to the investment real estate segment, which generated over 128 billion VND in revenue, reflecting a 2.1-fold increase.
Despite a slight decrease in gross profit margin from 63% to 59%, the company reported a net profit of over 97 billion VND, up 48% year-on-year.
Sonadezi Long Thanh Shareholding Company has also announced a cash dividend of 30%, equating to 3,000 VND per share, with the last registration date set for August 29 and payments expected on September 19.
The company has consistently paid cash dividends for 17 years, with projections for a 25% dividend in 2025.
In Q2 2025, Sonadezi recorded a net revenue of over 137 billion VND, up 10% from the previous year, primarily driven by a 21% increase in revenue from leasing industrial facilities.
Similarly, on September 5, Sonadezi Chau Duc Shareholding Company will close its registration for a 10% cash dividend, equating to 1,000 VND per share.
Despite a 31% drop in revenue from land leasing and management fees, the company reported a net profit of nearly 95 billion VND, down 7% from last year.
Additionally, Dong Phu Rubber JSC will distribute a 20% cash dividend, translating to 2,000 VND per share, with payments expected on September 29.
In Q2, Dong Phu Rubber’s revenues were close to 233 billion VND, with a net profit of over 73 billion VND, a 39% increase year-on-year.
Another notable rubber company with extensive industrial land is Phuoc Hoa Rubber JSC, which will finalise its dividend rights for the 2024 fiscal year on August 28.
The company plans to distribute a cash dividend of 13.5%, equating to 1,350 VND per share for shareholders.
Phuoc Hoa Rubber currently holds over 16,500ha of land in HCM City, along with 1,000ha in Dak Lak and nearly 9,800ha in Cambodia.
In recent years, the company has actively pursued the conversion of rubber plantation areas into industrial land to support industrial real estate development./.