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October Pharma sets dividend payment date

October Pharma sets dividend payment date

ArabFinance: October Pharma (OCPH) will distribute cash dividends of EGP 1.50 per share on July 29th, according to the company’s statement filed the Egyptian Exchange.

The company stated the dividends will be disbursed to the shareholders recorded on July 26th.

The drug manufacturer posted a net profit of EGP 8 million in the first quarter of 2020, a 57.5% increase from EGP 3.4 million achieved in the corresponding period.

October Pharma is an Egypt-based company engaged in the production of human pharmaceutical preparations. The company’s major shareholders include the Arab Company for Drug Industries and Medical Appliances as well as the Saudi-Egyptian Industrial Investment Company.

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