EGX releases reminder of Utopia dividend payment date

Updated 4/4/2021 12:56:00 PM

ArabFinance: The Egyptian Exchange said that today is the record date for Utopia for Real Estate And Tourism Investment’s (UTOP) annual cash dividends, according to a reminder statement released on March 21st. 

The company will distribute on April 7th cash dividends of EGP 3.75 per share, the statement highlighted.

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.