Utopia distributes EGP 1.25 /share coupon

Updated 3/21/2021 3:36:00 PM

ArabFinance: Utopia for Real Estate And Tourism Investment (UTOP) announced that coupon No. 10 will be paid at EGP 1.25 per share to shareholders, according to the company’s statement to the Egyptian Exchange on March 21st.

The company will pay the coupons worth EGP 3.75 million starting April 7th.

The listed company posted a 27.2% Year on Year increase in its net profit in 2020, recording EGP 2.96 million.

Established in 1999 and listed in 2009, Utopia is a public company that operates within the real estate sector focusing on diversified real estate activities.