EGX releases reminder of Misr Beni Suef Cement's dividend payment date

Updated 10/25/2020 2:38:00 PM

ArabFinance: The Egyptian Exchange said that today is the record date for Misr Beni Suef Cement Company's (MBSC) annual cash dividends, according to a reminder statement released on September 30th.

The company will distribute on October 28th cash dividends of EGP 1.50 per share, the statement highlighted.

The company said the last dividend date will be on October 25th, according to the statement.

The company’s ordinary general meeting on March 28th nodded to the financial results and bonus of 2019, during when the company achieved a net profit of EGP 80.24 million.

Established in 1997, MBSC operates within the materials sector focusing on construction materials.

MBSC is located in the center of Egypt, 190 km south of Cairo, it started production in 2003 with a plant of 1 cement production line, last 2006 year built 1 new cement production line.