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VCSC Daily - Stocks rise slightly as banks bounce back - CTD, FPT, GTN, SKG

CTD to pay 2016 cash dividend of VND5,000/share, 2.4% yield. CTD announced it will pay VND5,000/share for the 2016 cash dividend, equivalent to a dividend yield of 2.4%. The ex-rights date is August 30, 2017 while the payment date is September 14, 2017. This is in-line with the plan approved at this year's AGM. We currently have an OUTPERFORM rating on CTD with a target price of VND230,000/share.