ArabFinance: Egyptian Arabian Securities Brokerage (Cmar) (EASB) will distribute annual cash dividends of EGP 0.080 per share on April 15th, according to the company’s April 1st filing to the Egyptian Exchange.
The company stated the dividend will be disbursed to the shareholders recorded on April 12th.
The company’s unaudited financial statements showed a 21.19% Year on Year jump in its net profit in 2020, recording EGP 6.89 million.
Cmar, formerly known as Egyptian American Company for Securities Brokerage, is an Egypt-based public shareholding company engaged in the provision of investment services.
The company operates a range of investment activities that include sale and purchase of securities, mediation in the purchase and sale of securities to investors in the Egyptian capital market and providing financial advice, e-trading, establishment and ownership transfer, provision of training sessions, and financial advisory services.