Cairo – Mubasher: Housing and Development Bank has set 18 April 2016 as a record date for 2015 cash dividends, said the Egyptian Exchange.
Earlier, the ordinary general meeting decided to pay out 2015 cash dividends at EGP1.5 per share, totaling EGP189.7 million.
The company will start paying out the dividends from 21 April 2016 via Misr for Central Clearing, Depository & Registry.
Moreover, price limits are allowed to be changed from 19 April 2016.
The bank’s standalone profits grew 60.5% year-over-year to EGP491 million from EGP306 million.
