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Arab Aluminum announces payment date for EGP 1.75/share dividends

Arab Aluminum announces payment date for EGP 1.75/share dividends

Arab FinanceArab Aluminum Company (AAC) (ALUM) announced the payment date for the EGP 1.75-per-share dividends approved for 2021 to be August 31st, according to a disclosure filed to the Egyptian Exchange (EGX) on Monday.

Eligibility for shareholders will be until the record date of August 28th.

It is worth noting that the company’s net profit after tax stood at EGP 5.46 million in Q1 2022, compared to EGP 6.33 million in Q1 2021.

AAC is an Egypt-based company that specializes in extruding aluminum profiles for architectural and industrial applications.

The company undertakes the activities of aluminum billet casting, dies, extrusion, alloys, painting, and anodizing.

 

 

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