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IDH's board proposes $29.1m dividends for 2020

IDH's board proposes $29.1m dividends for 2020
The proposed dividends for last year are 4% higher that 2019’s dividends

Cairo – Mubasher: The board of directors of Integrated Diagnostics Holdings (IDH) recommended a cash dividend of $29.1 million or $0.049 per share for 2020.

The proposed dividends for last year are 4% higher that 2019’s dividends which amounted to $28 million, the company said in a bourse disclosure on Wednesday.

During the first quarter (Q1) of 2021, the company reported net profits of EGP 339 million, up from EGP 102.5 million in Q1-20.