Cairo – Mubasher: The ordinary general meeting of Egypt Kuwait Holding (EK Holding) approved paying out cash dividends at 10% of the stock’s par value, or $0.025 a share, for 2015, the company said on Wednesday.
The total cash dividends for2015 reached $24.3 million to be distributed over 975.6 million shares.
In 2014, the company issued bonus shares, increasing its capital to $256.1 million from $244 million.
EK Holding registered a consolidated net profit of $36.3 million in 2015, against a loss of $95.4 million a year earlier.