Count Down to relaunch



Al Baraka Bank sets due date of cash dividends

Al Baraka Bank sets due date of cash dividends

ArabFinance:  Al Baraka Bank (SAUD) announced distributing a cash dividend of EGP 0.7 per share on April 27th, according to a statement sent to the Egyptian exchange.

The shareholders who will have been recorded on April 22nd will be entitled to cash dividends, the company said.

On March 28th, the general assembly approved the board of directors’ annual report for the year 2019.

The board proposed distributing EGP 0.70 per share and 0.20 free share for every original one held.

The bank posted a consolidated profit of EGP 1,070,792,490 in 2019, compared to net profits of EGP 1,003,637,505 achieved a year earlier, taking into account the minority rights.  

Moreover, it posted a standalone profit of EGP 1,053,837,585 in 2019, compared to net profits of EGP 1,003,637,505 in 2018.

#Related keywords

'

Recommended Stocks

04 Oct 2021
United Housing & Development UNIT
Close
03.92
Change
-08.84
Buy

All rights reserved to Arab Finance 2020 ©

Back to top