Cairo – Mubasher: Egypt Kuwait Holding (EKH) will start distributing the approved cash dividends on Tuesday.
EKH, which is listed on both Boursa Kuwait and the Egyptian Stock Exchange (EGX), will pay 5 cents per share to the entitled shareholders of record date on 19 April.
The ordinary general meeting (OGM) of EKH has approved 20% of the 25 cents par value as a dividend for FY17.
In FY17, EKH achieved a growth of 92.7% in profits to $138.18 million compared to $71.7 million in the previous fiscal year.
