Juhayna & Mohandes Insurances’ shareholders have agreed to cash dividends for the FY 2019/2020 & 2020/2021, respectively, while the FRA has agreed to a stock split for El Kahera Housing.
JUFO🥛 The ordinary general meeting (OGM) of Juhayna approved a cash dividend distribution for 2020. JUFO will pay EGP 0.20 per share as cash dividends for the year ended 31 December 2020, but have not announced any dates.
MOIN👨💼 The OGM of MOIN approved a cash dividend of EGP 0.25 per share for FY 2020/2021. MOIN will pay EGP 23.5 million to shareholders over two equal instalments; the first one on the 5th of December & the second on the 6th of February 2022.
ELKA🏠 The FRA approved a 5:1 stock split request by ELKA, whereby the stock’s nominal value will go from EGP 5 to EGP 0.50, bringing the total number of shares from 90.03 million to 900.28 million.