Madinet Masr for Housing and Development (MNHD) will pay out dividends of EGP 0.15 per share to its shareholders, according to an EGX disclosure (pdf). The dividends will be paid in two batches, with one in May and the second in October.
The EGX30 fell 0.1% at today’s close on turnover of EGP 1.9 bn. Local investors were net buyers. The index is up 20% YTD.
In the green: Taaleem Management Services (+7.7%), e-Finance (+5.2%) and GB Auto (+4.9%).
In the red: Heliopolis Housing and Development (-3.2%), Oriental Weavers (-2.1%) and Elsewedy Electric (-2.0%).