Madinet Masr announces 2023 dividend distribution date

Updated 5/14/2024 8:12:00 AM
Madinet Masr announces 2023 dividend distribution date

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.

 

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