Arab Finance: Madinet Masr will distribute cash dividends of EGP 0.20 per share to shareholders for 2023 earnings, as per a filing.
Cash dividends will be paid in two equal installments of EGP 0.10 per share on May 30th and October 31st.
Shareholders of a record date of May 27th will be entitled to receive the dividends.
Established in 1959, Madinet Masr is a leading real estate developer dedicated to building large-scale communities in strategic locations across Egypt.