Cairo – Mubasher: Saudi Egyptian Investment and Finance will start paying out 2015 cash dividends from 15 May 2016, the company said in a bourse filing.
Shareholders of record till 10 May 2016 would be entitled to the approved dividends.
The company, which operates with 5 million issued shares, will pay out cash dividends for the fiscal year 2015 at EGP17 per share.
In 2015, the company gained EGP105.2 million compared to EGP32.3 million a year earlier.
The stock quote rose 9.99% to EGP102.49 in Wednesday’s trading session.
