EGX releases reminder of Cmar's dividend payment date

Updated 4/12/2021 11:41:00 AM

ArabFinance: The Egyptian Exchange said that today is the record date for Egyptian Arabian Securities Brokerage’s (Cmar) (EASB) annual cash dividends, according to a reminder statement released on April 1st.

The company will distribute on April 15th cash dividends of EGP 0.08 per share, the statement highlighted.

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.