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EGX releases reminder of Orascom Construction's dividend payment date

EGX releases reminder of Orascom Construction's dividend payment date

ArabFinance: A cash dividend payment for Orascom Construction worth EGP 3.13044 per share is scheduled for January 26th, according to a reminder statement from the Egyptian Exchange (EGX).

The statement added that January 19th is the record date for the company to submit its annual cash dividends. 

Pharos Holding estimated the fair value of Orascom Construction’s share at EGP 125 with overweight recommendations.

The listed firm is a leading global engineering and construction contractor primarily focused on infrastructure, industrial, and high-end commercial projects in the Middle East, North Africa, the United States, and the Pacific Rim for public and private clients.

Orascom Construction PLC, formerly known as Orascom Construction Ltd, is a UAE-based engineering and construction contractor.

 

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