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Sidpec proposes EGP1.2/shr dividends for 2017

Sidpec proposes EGP1.2/shr dividends for 2017
Sidpec’s capital amounts to EGP 1.05 billion distributed over 525 million shares

Cairo – Mubasher: Sidi Kerir Petrochemicals’ (Sidpec) board has recommended a cash dividend distribution of EGP 1.2 per share for 2017.

The board also agreed on rehiring an auditor and set his salary, the company added in a filing to the Egyptian Exchange (EGX) on Wednesday.

Sidpec’s capital amounts to EGP 1.05 billion distributed over 525 million shares at a par value of EGP 2 per share.