Marsa Maroc Announces 2024 Dividend Payment

Strategic Insights -

Marsa Maroc, a company operating several ports in Morocco, has decided to pay a dividend for the year 2024, following a general meeting resolution on June 25, 2025. The dividend payment entails an ordinary dividend of 9.50 MAD per share, with no exceptional dividend projected for this period. The company has designated Attijariwafa Bank as the centralizing agent for the dividend payment, which is scheduled for July 28, 2025.

Key Takeaways:

  • The dividend payment is based on a resolution by Marsa Maroc's general meeting on June 25, 2025.
  • The dividend amount is 9.50 MAD per share, with no exceptional dividend projected for this period.
  • The ex-dividend date is set for July 17, 2025, and the dividend payment is scheduled for July 28, 2025.
  • Attijariwafa Bank has been designated as the centralizing agent for the dividend payment.
  • Adjustments will be made to the order book and the reference price for Marsa Maroc's stock following the ex-dividend date.
  • The dividend distribution and subsequent market adjustments are in compliance with Royal Decree NAdeg1-16-151 and the Stock Exchange's General Regulation.
  • Marsa Maroc's shareholders and market participants are advised to note these dates and regulatory details for their financial planning and portfolio management.
  • The dividend payment process falls under the designated market category for financial operations and brokerage services, as defined by the relevant laws and ministerial orders from 2016 and 2019, respectively.

Statistics:

  • Dividend amount: 9.50 MAD per share
  • Ex-dividend date: July 17, 2025
  • Dividend payment date: July 28, 2025
  • Order book changes: adjustments will be made following the ex-dividend date
  • Last trading price: will be used to calculate the adjusted reference price
  • Gross dividend amount: to be subtracted from the last trading price to determine the adjusted reference price

Sources:

  • "The Societe d'Exploitation des Ports, commonly known as Marsa Maroc, has announced the payment of dividends for the year 2024..." (Casablanca Stock Exchange)