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Investments in Côte d'Ivoire: Nearly 13 billion in dividends for CFAO Motors shareholders

25/07/2022
Categories: Companies

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On August 2, next August 2, the shareholders of CFAO Motors Côte d'Ivoire will receive an overall annual dividend of 12.599 billion FCFA, for the 2021 financial year.

This amount corresponds to a net dividend per share of 69.47 FCFA. Shareholders will have to hurry because according to the management of BRVM, the CFAO Motors Côte d'Ivoire stock will trade ex-dividend starting next Friday. This would therefore involve the cancellation of all stock exchange orders that were pending in the trading system on that date. While CFAO Motors Côte d'Ivoire's 2021 financial year increased by 77.56% compared to 2020, sales increased 20.79%. As for the income from ordinary activities, it increased by 80.34% to 8.996 billion FCFA compared with 4.988 billion FCFA a year earlier. As a reminder, the same upward trend characterized operating income from December 31, 2020 to December 31, 2021.

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