Cairo – Mubasher: The shareholders of Arab Drug Co approved paying out cash dividends at EGP 1.35 per share for the fiscal year 2015/16, according to a bourse filing on Sunday.
Further, the shareholders ratified the financial statements for the period ended on 30 June 2016 and discharged board members from all liabilities for the same period.
In 2014/15, the company distributed cash dividends at 15 piasters per share.
On Thursday, the stock quote was placed at EGP 7.28 registering a 3.56% rise.
