MWG Sets October Ex-Dividend Date for Phase Two of 2025 Cash Dividend Payout Amid Robust Business Growth

Mobile World Investment Corporation (ticker: MWG), one of Vietnam’s leading retail giants, has officially announced the implementation details for the second phase of its 2025 cash dividend payout to shareholders. This corporate action comes on the heels of a strong financial recovery and consistent double-digit operational growth across its core retail chains through the first eight months of 2026.

Dividend Distribution Plan and Key Dates

According to the recent Board of Directors’ resolution, MWG will distribute a 10% cash dividend for the second phase of 2025, translating to VND 1,000 per ordinary share. The total funding for this payout is sourced directly from the company’s retained earnings, as validated by the audited financial statements for the 2025 fiscal year.

Shareholders whose names appear on the registry on the record date of October 8, 2026, will be eligible to receive the dividend. The official payment is scheduled to be distributed to investors on October 16, 2026. With approximately 1.47 billion shares currently circulating in the market, MWG is expected to disburse roughly VND 1,476 billion ($59 million USD equivalent) for this specific dividend tranche.

This upcoming disbursement follows the successful completion of the first phase of the 2025 cash dividend, which was distributed to shareholders in early August 2026. The initial approval for the overall 2025 dividend policy was secured during the company’s Annual General Meeting of Shareholders (AGM), where a total cash dividend rate of 20% (VND 2,000 per share) was greenlit. To manage cash flow efficiently and reward long-term investors steadily, the board structured the payout into two distinct phases of 10% each, planned across the third and fourth quarters of 2026.

Strong Financial Momentum and Eight-Month Performance

MWG’s decision to maintain high-yield cash dividends is heavily underpinned by its stellar business performance during the first eight months of 2026. Financial reports indicate that the retail conglomerate achieved a consolidated net revenue of VND 129,431 billion during this period, marking a robust 30% increase compared to the same timeframe in the previous year. This impressive trajectory has allowed MWG to successfully fulfill approximately 70% of its ambitious full-year revenue targets.

The growth momentum was notably accentuated in August 2026 alone, during which MWG brought in VND 18,037 billion in net revenue—a significant 33% to 36% jump year-on-year. On average, the corporation generated nearly VND 24 billion every single day throughout the month, demonstrating resilient consumer demand despite broader macroeconomic fluctuations.

Management reports attribute this sustained upward trajectory to synchronized growth across all key operating segments. Major retail chains under the MWG umbrella, namely Dien May Xanh (consumer electronics), The Gioi Di Dong (mobile phones and digital devices), and Bach Hoa Xanh (grocery and fast-moving consumer goods), all recorded double-digit revenue growth rates compared to the corresponding period in 2025.

Retail Footprint Expansion and Segment Breakdown

In tandem with its financial gains, MWG has maintained an active retail footprint management strategy. As of the end of August 2026, the corporation operates a sprawling network comprising a total of 7,447 physical stores nationwide.

A granular breakdown of the store portfolio highlights the strategic positioning of each subsidiary:

• Dien May Xanh (including EraBlue, the joint venture in Indonesia): Retains a dominant market presence with 3,314 operating stores, serving as a primary revenue driver for large-appliance sales.
• Bach Hoa Xanh: Continues its steady operational optimization with 3,612 modern grocery points of sale, having successfully navigated past restructuring phases to achieve stable profitability and scalability.
• An Khang: Operates a targeted healthcare network of 426 pharmacies.
• AVAKids: Maintains a specialized retail presence with 95 stores dedicated to mother-and-baby products.

The strategic focus on refining store formats, optimizing inventory turnover, and cutting operational fat has visibly translated into improved margins and strong cash conversion cycles, directly supporting the company’s generous capital return policies to its shareholders.

Market Reception and Stock Performance

On the stock market, MWG shares have continued to attract strong institutional and retail interest, reflecting investor confidence in the company’s turnaround and long-term strategic vision. As of the market close on September 21, 2026, MWG stock traded at VND 71,700 per share, placing the company’s total market capitalization at approximately VND 105,807 billion ($4.2 billion USD). Over the past year, the stock has demonstrated healthy resilience, supported by consistent earnings upgrades and predictable dividend distributions.

Financial analysts point out that MWG’s commitment to cash dividends—as opposed to purely stock-based dividends—serves as an important signal of financial health. Cash returns provide tangible value to investors, bolstering shareholder confidence during periods of broader market volatility. Furthermore, the ability to fund a VND 1,476 billion cash payout while simultaneously expanding retail store networks highlights the company’s solid free cash flow generation.

Broader Economic Context and Outlook

MWG’s operational resilience unfolds against a backdrop of dynamic shifts in Vietnam’s retail and macroeconomic landscape. As consumer confidence gradually recovers, retail players that have successfully streamlined their omnichannel strategies and supply chain efficiencies are capturing disproportionate market share.

Looking ahead into the final quarter of 2026, the retail titan is expected to maintain its focus on operational efficiency while preparing for the peak shopping season leading into the Lunar New Year. With the second phase of the 2025 cash dividend set for mid-October, followed by continued monitoring of its full-year business targets, MWG remains well-positioned to cement its status as a bellwether for Vietnam’s consumer discretionary and staples sectors.