Cairo – Mubasher: Landline operator Telecom Egypt said Wednesday that it would pay cash dividends for 2015 to shareholders of record on 24 April.
The dividends distribution will start from 28 April.
In late March, the company’s ordinary general meeting approved distributing cash dividends at EGP0.75 per share, or a total of EGP1.280 billion, for the fiscal year 2015.
TE stock rose 0.85% to EGP8.3 at 10:10am Cairo time.