VCSC Daily - Stocks inch up to fresh multi-year high - GAS, DXG, TLG, KDC
GAS: Pays final dividend for 2016. GAS announced that it will pay the final cash dividend of VND1,000 per share for 2016, with the ex-rights date on June 29 and payment date on July 24. This will bring the total 2016 cash dividend to VND4,000 per share (7.0% yield). We believe that GAS can offer such a dividend sustainably. GAS is trading at trailing P/E of 14.3x.