Cairo – Mubasher: Cairo Poultry said Monday that its ordinary general meeting (OGM) has approved distributing cash dividends of 10 piasters per share for fiscal year 2016.
Total dividends amount to EGP 38.3 million, divided into two equal tranches worth EGP 19.16 million, according to a bourse filing.
On another note, the company’s board has agreed to raise the issued and paid-up capital from EGP 383.2 million to EGP 479 million via distributing 0.25 bonus share for each ordinary share.
The stock stood at EGP 4.38 in Monday’s early trading.
