Arab Aluminum
ALUM
-6.47%
12.15
-0.84
ALUM
Arab Aluminum Co.’s ordinary general meeting (OGM) approved distributing a dividend payout of EGP 1.5 per share at a total amount of EGP 8.5 million.
The dividends will be distributed across two tranches at EGP 1.4 million and EGP 7.1 million, respectively, the company said in a bourse statement.
Arab Aluminum posted net profits of EGP 11 million ($1.4 million) in 2014.
The company is capitalised at EGP 28.3 million, divided into 5.7 million shares at EGP 5 par value each.
Source:
Mubasher