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EGX releases reminder of Zahraa Maadi' dividend payment date

EGX releases reminder of Zahraa Maadi' dividend payment date

ArabFinance: The Egyptian Exchange said that today, May 25th, is the record date for Zahraa Maadi Investment and Development’s annual cash dividends, according to a reminder statement released on May 25th. 

The company will distribute cash dividends of EGP 0.45 per share, the statement highlighted.

The dividends will be distributed into three tranches; the tranche amounts to EGP 0.15 per each and they will be disbursed on May 30th, July 29th, and September 30th.

Zahraa Maadi is an Egypt-based public shareholding company engaged in real estate development, construction, contracting, urbanization, housing, and tourism, as well as other investment activities.

The listed firm is involved in the construction and development of residential and commercial buildings, as well as the purchase, sale, and reclamation of lands and properties. 

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