Misr Hotels to pay EGP 10/share dividends on November 1st

Updated 10/29/2023 10:13:00 AM
Misr Hotels to pay EGP 10/share dividends on November 1st

Arab Finance: Misr Hotels Company (MHOT) will pay cash dividends for fiscal year (FY) 2022/2023 of EGP 10 per share on November 1st, according to a disclosure on the Egyptian Exchange (EGX) on October 29th.

Eligibility in dividends payment will be for shareholders until the record date of October 29th.

It is worth noting that the company’s net profits after tax saw a 138.4% year-on-year (YoY) increase during FY 2022/2023, recording EGP 819.76 million.

Misr Hotels is an Egypt-based joint stock company engaged in tourism investment activities.

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