Cairo – Mubasher: Raya Holding for Financial Investment’s ordinary general meeting (OGM) approved to distribute a cash dividend of EGP 0.15 a share to shareholders for 2018, according to a filing to the Egyptian Exchange (EGX) on Tuesday.
Raya Holding’s board of directors previously proposed distributing a cash dividend of EGP 0.17 per share for the previous year.
For the full-year 2018, the Cairo-based firm reported EGP 89.12 million in net profit, compared to EGP 103.22 million in the prior year, including minority shareholders’ rights.
