Cairo – Mubasher: Egypt Kuwait Holding (EKH) said that the record date for its shareholders to obtain the cash dividend approved for the fiscal year 2017 will be until 19 April.
EKH, which is listed on both Boursa Kuwait and the Egyptian Stock Exchange (EGX), will pay 5 cents per share dividends for FY17 on 24 April, according to a bourse statement on Sunday.
The ordinary general meeting (OGM) of EKH approved the board’s recommendation to pay 20% of its capital or 5 cents per share as a cash dividend for FY17.
In FY17, the initial income statements of EKH showed an increase of 92.7% to $138.18 million compared to $71.7 million in FY16.
