Egypt - Faisal Islamic Bank will distribute cash dividends of EGP 1.979 per share as well as of $0.08 per share to shareholders for 2022 as of April 6th, according to a statement sent to the EGX on March 19th.

Shareholders of record date on April 3rd will be eligible to receive the dividends.

The bank shall pay the dividends in USD to shareholders holding shares listed in dollars, and will pay the dividends in EGP to shareholders holding shares in the local currency.

It is worth noting that the bank’s consolidated net profits after tax and non-controlling interest surged 60.4% year on year (YoY) in 2022 to EGP 4.76 billion, compared to EGP 2.97 billion.

Copyright © 2022 Arab Finance Brokerage Company All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info).