Cairo Development recommends FY16 dividends freeze

Cairo – Mubasher: Cairo Development and Investment Company said Wednesday that its board of directors has proposed to freeze cash dividends for fiscal year 2016, and transfer EGP 10.5 million to retained earnings of the next year, according to a bourse filing.

The stock stood at EGP 3.29 on Tuesday.

Mubasher Contribution Time: 29-Mar-2017 10:39 (GMT)
Mubasher Last Update Time: 29-Mar-2017 10:46 (GMT)