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Return on investment: Tractafric Motors Côte d'Ivoire will pay 1.668 billion FCFA to its shareholders

24/08/2021
Categories: Companies

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For the 2020 financial year, the company Tractafric Motors Côte d'Ivoire (TMC), specializing in the sale of new motor vehicles, will pay its shareholders on September 2, 2021. The overall net dividend is 1.668 billion FCFA.

According to the announcement of the managers of the company based in Abidjan, reported to the 10.240 million shares that make up the share capital of the company, the net dividend per share amounts to 162.90 FCFA against 159.3 FCFA in 2019 , an increase of 3.6 FCFA. The dividend that will be paid to shareholders represents 130.32% of the nominal value of the share, which is 125 FCFA. At the end of the 2020 financial year, TMC had made a profit after tax of 1.863 billion FCFA against 1.807 billion FCFA in 2019, a slight increase of 3.09%. On the other hand, its turnover was down by 6.69%, from 54.776 billion FCFA in 2019 to 51.108 billion FCFA in 2020. During the period under review, the company's added value was also down by 1. 70%, to 6.956 billion FCFA against 7.077 billion FCFA a year earlier.

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