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EGX releases reminder of Pachin Paints' dividend payment date

EGX releases reminder of Pachin Paints' dividend payment date

ArabFinance: The Egyptian Exchange said that January 24th is the record date for Paints and Chemical Industries’ (Pachin Paints) annual cash dividends, according to a reminder statement released on January 5th

The company will distribute cash dividends of EGP 1 per share on two equal tranches, the statement highlighted.

The first tranche, which amounts to EGP 0.50, will be disbursed on January 27th and the second will be on April 29th.

The board members of Pachin Paints appointed Mohamed Salah El-Din as a non-executive chairman of the company.

Paints and Chemical Industries Company (PACHIN) is an Egypt-based public shareholding company engaged in the production, marketing and distribution of paints, varnishes, industrial chemicals, printing inks, animal extracts and other related products.

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