EGX releases reminder of TMG's dividend payment date

The real estate developer reported an 11% Year on Year decline in its consolidated net profit in 2020

  

ArabFinance: The Egyptian Exchange said that today, May 9th, is the record date for Talaat Moustafa Group’s (TMG) (TMGH) annual cash dividends of 0.145 per share, according to a reminder statement released on April 20th.

Shareholders recorded on May 9th are entitled to cash dividends distribution.

The real estate developer reported an 11% Year on Year decline in its consolidated net profit in 2020, recording EGP 1.671 billion.

TMG is an Egypt-based company engaged in real estate investment activities. The company establishes and develops hotels and touristic and residential projects in Egypt.

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