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October Pharma to pay EGP 1.5/shr dividends

October Pharma to pay EGP 1.5/shr dividends

ArabFinance: The shareholders of October Pharma (OCPH) agreed on distributing 15% of the capital as cash dividends for fiscal year 2019.

The company will pay EGP 1.5 per share dividends for FY 2019, according to an EGX disclosure.

This will have a total value of EGP 6 million to be distributed to the shareholders.

Meanwhile, the company will retain EGP 44.56 million earnings to fiscal year 2020.

It is worth noting that October Pharma achieved higher profits of EGP 33.82 million in 2019, compared to EGP 18.32 million in 2018.

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