Today payout date of Minapharm's cash dividends

The company will distribute on May 30th cash dividends


ArabFinance: The Egyptian Exchange said that today, May 25th, is the record date for Minapharm Pharmaceuticals’ annual cash dividends, according to a reminder statement released on May 9th.

The company will distribute on May 30th cash dividends of EGP 2.70 per share, the statement highlighted.

Minapharm posted a consolidated net profit of EGP 300.78 million in 2020, compared to EGP 414.091 million in 2019.

In late March, the pharmaceutical company acquired 96.79% of Germany-based ProBioGen.

Minapharm Pharmaceuticals is an Egypt-based company engaged in the production and distribution of pharmaceutical products. It is in cooperation with several international pharmaceutical companies and it distributes its products within and outside Egypt.

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