-In accordance with the Royal Decree (Dahir) N°1-16-151 of 21st Dhou al Qi`da 1437 (25th August, 2016), relating to the law N°19-14 on the Stock Exchange, Brokerage Firms and Financial Advisors, namely sections 5 and 6 ;
-Given the provisions of the Stock Exchange's General Regulation, approved by Annex of the Ministerial Order N°2208-19 of the 29th Chaoual 1440 (July 3rd, 2019),
namely sections 4.1.9, 4.1.10 and 4.3.6 ;
Taking into consideration the decision of the "CIH" general meeting held on 15/06/2022, and in particular the resolution concerning dividends ;
Characteristics of the operation
The characteristics of "CIH" dividend payment process are as follows:
Year
2021
Ticker
CIH
Ordinary dividend (MAD)
14,00
Exceptional dividend (MAD)
--
Total gross dividend (MAD)
14,00
Ex-dividend date
01/07/2022
Dividend Payment date
14/07/2022
Centralising agent
CIH BANK
1
ENR.GOFIM.551.1
Date: 17/06/2022
- Clearing and adjustment
On the ex-dividend date, the Casablanca Stock Exchange will:
Clear the order book for the instrument.
Adjust the reference price for the instrument according to the following formula: adjusted reference price = last trading price or adjusted price - the gross dividend amount.
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Disclaimer
CIH - Crédit Immobilier & Hotelier SA published this content on 17 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 June 2022 14:22:04 UTC.
CIH Bank is a commercial bank organized around 2 areas of activity:
- retail banking: sales of standard and specialized banking products and services (leasing, consumer, etc.);
- financial banking: primarily financing for low-income housing (loans to developers and buyers).
At the end of 2021, the group managed 57 billion in current deposits and 61 billion in current credits.
Products and services are marketed through a network of over 311 branches located in Morocco.
CRÉDIT IMMOBILIER ET HÔTELIER, SOCIÉTÉ ANONYME 
