Cairo - Mubasher: Madinet Nasr Housing and Development (MNHD) is planning to distribute cash dividends of EGP 648 million for fiscal year 2019, according to the company’s disclosure to Egyptian Exchange (EGX).
The FY19 cash dividend is expected to stand at EGP 0.45 per share, according to data collected by Mubasher.
It is worth noting that the company’s consolidated profits reached EGP 1 billion in 2019
