Cash Dividends

The OGM approved EGP 10 million as a board remuneration

26 October 11:37 AM Eastern Co's shareholders approve EGP 1.4/shr dividends

Cairo – Mubasher: The ordinary general meeting (OGM) of Eastern Co. approved the proposed cash dividend distribution for fiscal year 2019/2020. The shareholders agreed to distribute EGP 1.4 per share as cash dividends, including EGP 0.70 on 15 …

General Assembly

The dividends' distribution date is 15 November 2020.

25 October 10:31 AM Sulaiman Al Habib proposes SAR 210m dividends for Q3

Riyadh – Mubasher: The board of Dr. Sulaiman Al Habib Medical Services Group recommended distributing SAR 210 million worth of cash dividends to shareholders for the third quarter (Q3) of 2020. The suggested amount represents 6% of the share’s par …

The company reported net profits of EGP 63.7 million in FY19/20

22 October 01:11 PM Misr Chemical Industries shareholders approve EGP 1/shr dividend for FY19/20

Cairo – Mubasher: The ordinary general meeting (OGM) of Misr Chemical Industries approved the amended cash dividend distribution for fiscal year 2019/2020. The shareholders approved cash dividends of EGP 73.12 million or EGP 1 per share instead of …

Revenues amounted to SAR 14.9 billion in Q3-20.

21 October 04:18 PM stc profits up 0.7% in Q3; dividends approved

Riyadh – Mubasher: Saudi Telecom Company (stc) achieved SAR 2.8 billion in net profits over the third quarter (Q3) of 2020, up by 0.7% on a year-on-year (YoY) basis. The rise in interim profits was helped by growth of 13.26% in gross profit, as a …

Shareholders will receive 33.3 piasters per share

15 October 03:48 PM Mohandes Insurance's shareholders approve EGP 25m dividends for FY19/20

Cairo – Mubasher: The ordinary general meeting (OGM) of Mohandes Insurance approved the board’s proposal for the cash dividend distribution for fiscal year 2019/2020. Shareholders will receive 33.3 piasters per share at a total value of EGP 25 …

General Assembly

The shareholders set 21 October as the last entitlement date

14 October 03:42 PM Salama's shareholders agree on 3% dividends for H1-20

Dubai – Mubasher: The ordinary general meeting (OGM) of Islamic Arab Insurance Company (Salama) has approved the board's proposal to distribute cash dividends, equivalent to 3% of the share nominal value, for the first half (H1) of 2020. The cash …

The distributions will be to 60 million existing units.

14 October 09:43 AM SEDCO Capital approves SAR 7.5m REIT dividends for Q3

Riyadh – Mubasher: The Saudi Economic and Development Securities Company (SEDCO Capital) will distribute cash dividends of SAR 7.5 million to SEDCO Capital REIT Fund unitholders for the third quarter (Q3) of 2020. The distributions will be to 60 …

The insurer logged net profits of EGP 149.56 million in FY19/20

12 October 11:01 AM Mohandes Insurance's board proposes 33.3 piasters/shr dividend for FY19/20

Cairo – Mubasher: The board of directors of Mohandes Insurance approved the amended cash dividend distribution for fiscal year 2019/2020 after taking into account the instructions of the Financial Regulatory Authority (FRA). The proposed cash …

The dividends will be paid within 10 business days from the maturity date.

12 October 09:06 AM Aljazira Capital announces SAR 3.5m REIT dividends

Riyadh – Mubasher: Aljazira Capital will pay SAR 3.540 million worth of cash dividends to Aljazira REIT Fund unitholders for the second half (H2) of 2019 and the first half (H1) of 2020. The distributions will be to 11.8 million existing units, at …

The dividends will be distributed on Sunday, 29 November.

11 October 10:30 AM Sumou Real Estate proposes SAR 12.5m dividends for H1

Riyadh – Mubasher: The Board of Directors of Sumou Real Estate Company recommended distributing cash dividends of SAR 12.5 million to shareholders for the first half (H1) of 2020. The proposed amount represents SAR 0.50 per share and 10% of the …

The dividend amount represents 1.6% of the unit’s initial price.

7 October 09:01 AM Taleem REIT to pay SAR 8.2m dividends for Q3

Riyadh – Mubasher: Saudi Fransi Capital announced the distribution of SAR 8.160 million in cash dividend to Taleem REIT Fund unitholders for the third quarter (Q3) of 2020. The distributions will be to 51 million existing units, at SAR 0.16 per …

The company logged EGP 328.4 million in net profits in FY19/20

5 October 04:43 PM Canal Shipping Agencies proposes EGP 232m dividends for FY19/20

Cairo – Mubasher: The board of Canal Shipping Agencies recommended a cash dividend distribution of EGP 1.15 per share for fiscal year 2019/2020. The proposed dividends totalled EGP 231.8 million for the earnings of the last fiscal year, according …

The lender will issue bonus issues valued at EGP 545.6 million

1 October 03:12 PM EBE’s shareholders approve bonus issue

Cairo – Mubasher: The shareholders of Export Development Bank of Egypt (EBE) approved a two-for-10 bonus issue. The lender will issue bonus shares valued at EGP 545.6 million for the earnings of fiscal year 2019/2020, according to a bourse …

Banking and Finance

The distributions will be paid within 15 days from the due date.

1 October 11:25 AM Amlak International EGM approves SAR 0.75/shr dividends for 2019

Riyadh - Mubasher: The extraordinary general meeting (EGM) of Amlak International for Real Estate Finance gave the green light to the proposed cash dividends of SAR 67.95 million or SAR 0.75 per share for 2019. The amount represents 7.5% of the …

The distributions will be to 107.507.035 million existing units.

1 October 10:53 AM Derayah Financial to distribute SAR 22m dividends for Q3

Riyadh – Mubasher: Derayah Financial will pay cash dividends of SAR 21.930 million to the unitholders of Derayah REIT fund for the third quarter (Q3) of 2020. The distributions will be to 107.507.035 million existing units, at SAR 0.204 per unit, …

The distributions will be to 12.400 million existing units.

30 September 09:50 AM Albilad Capital announces SAR 423.6m dividends for September

Riyadh – Mubasher: Albilad Capital will distribute cash dividends worth SAR 423.640 million to the unitholders of Albilad Saudi Sovereign Sukuk ETF, for September 2020. The distributions will be to 12.400 million existing units, at SAR 0.0342 per …

This cash dividend distribution is part of the full-year 2020 dividend payment

30 September 09:39 AM ADNOC Distribution's board nods to AED 1.3bn interim dividends for H1-20

Abu Dhabi – Mubasher: The board of Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) has approved to pay out interim cash dividends of AED 1.285 billion or 10.29 fils per share for the first half (H1) of 2020. This cash dividend …

Board of Directors

The dividend distribution date is 9 November 2020.

29 September 04:10 PM Advanced Petrochemical to pay SAR 140m dividends for Q3

Riyadh – Mubasher: Advanced Petrochemical Company’s Board of Directors on Tuesday agreed to distribute cash dividends of SAR 140.7 million to shareholders for the third quarter (Q3) of 2020. The approved amount is equal to SAR 0.65 per share or …

Shareholders will receive EGP 0.144 a share

28 September 02:21 PM Cairo Investment’s shareholders approve EGP 84m dividends

Cairo – Mubasher: The ordinary general meeting (OGM) of Cairo for Investment and Real Estate Development (CIRA) approved a cash dividend distribution of EGP 84 million. Shareholders will receive EGP 0.144 a share to be financed from the retained …

General Assembly

The net distributable profit reached EGP 5.28 billion

28 September 12:36 PM Eastern Co's board proposes EGP 1.4/shr dividend for FY19/20

Cairo – Mubasher: The board of Eastern Co recommended a cash dividend distribution of EGP 1.40 per share for fiscal year 2019/2020. The proposal has been referred to the company’s shareholders for approval, the tobacco manufacturer said in a …

The issuance will be used to finance the country’s budget deficit

28 September 10:50 AM CBE offers EGP 8bn T-bonds on Monday

Cairo – Mubasher: The Central Bank of Egypt (CBE) will offer treasury bonds (T-bonds) worth EGP 8 billion on Monday on behalf of the Ministry of Finance. The first tranche of the T-bonds is valued at EGP 4 billion and will be offered through …

Bonds

Abu Qir Fertilizers achieved net profits of EGP 2.69 billion

27 September 01:33 PM Abu Qir Fertilizers' shareholders approve dividend for FY19/20

Cairo – Mubasher: The ordinary general meeting (OGM) of Abu Qir Fertilizers approved a cash dividend distribution of EGP 1.20 per share for fiscal year 2019/2020. The dividends will be distributed over two payments: EGP 0.30 a share on 22 October …

The bonds have interest rates of 4.7%

24 September 10:36 AM DP World Limited nods to periodic coupon distribution

Dubai – Mubasher: DP World Limited has approved a periodic coupon distribution for the issued notes worth $500 million, according to the company's disclosure to Nasdaq Dubai. Due in 2049, the notes have interest rates of 4.7%. The company will pay …

Bonds

The company’s standalone net profits reached EGP 133.33 million

23 September 01:55 PM Upper Egypt Mills proposes EGP 10/shr dividend for FY19/20

Cairo – Mubasher: The board of Upper Egypt Flour Mills recommended a cash dividend distribution of EGP 70 million or EGP 10 per share for fiscal year 2019/2020. The proposal will be referred to the company’s shareholders for approval, according to …

The dividends represent 10% of the share’s par value

22 September 09:08 AM Bahri board proposes SAR 393.8m dividends for H1

Riyadh – Mubasher: The board of the National Shipping Company of Saudi Arabia (Bahri) recommended distributing SAR 393.750 million as cash dividends to shareholders for the first half (H1) of 2020. The proposed amount is equivalent to SAR 1 per …

Board of Directors