VCSC Daily - Stocks eke out gain to end worst week of 2017 - DPM, MWG, QNS, SAB
DPM to pay interim 2017 cash dividend of VND1,000/share. DPM announced that it will pay an interim 2017 cash dividend of VND1,000/share. The ex-dividend date is December 21, 2017. The payment date is set for January 24, 2018. This is the first tranche of the 2017 cash dividend of VND2,000/share (yield 9.4%). We currently have a MARKET PERFORM recommendation for DPM with a total return of 5.6% (inclusive of dividend yield of 9.4%). DPM is trading at a 2017 P/E of 13.4x at today’s closing price.