Orascom Construction to distribute interim dividends

The record date for the dividend distribution is set on January 23

  
Image used for illustrative purpose only. Traders work at the Egyptian stock exchange in Cairo, May 28, 2015.

Image used for illustrative purpose only. Traders work at the Egyptian stock exchange in Cairo, May 28, 2015.

REUTERS/Mohamed Abd El Ghany
Mubasher: The board of Orascom Construction Plc has approved an interim dividend distribution of $0.2313 per share.

The record date for the dividend distribution is set on 23 January 2022, and the payment date is 31 January 2022, according to a bourse filing on Monday.

This dividend payout came after distributing the first dividend payment of $0.2313 per share to shareholders in August 2021, raising the total dividends announced in 2021 to $0.4626 per share.

It is noteworthy to mention that in the first nine months of 2021, Orascom Construction reported a 17.1% increase in consolidated net profits attributable to the owners to $76.1 million from $65 million in the year-ago period.

Source: Mubasher

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