Delta for Construction discloses dividends payout date for Q1

Updated 7/31/2023 9:13:00 AM
Delta for Construction discloses dividends payout date for Q1

Arab Finance: Delta for Construction and Rebuilding (DCRC) has decided to disburse cash dividends of EGP 3 per share to shareholders for the period ended on March 31st, 2023, as of August 15th, according to a statement sent to the Egyptian Exchange (EGX) on July 31st.

Shareholders of record date on August 10th will be entitled to receive the dividends.

In the first quarter (Q1) of the year, the firm posted a 3.63% year-on-year (YoY) rise in net profit after tax.

Delta is an Egypt-based public shareholding company engaged in the real estate investment sector.

The company’s activities include developing, owning, managing, buying, and selling residential real estate properties, as well as land subdivision and touristic projects development such as resorts and hotels.

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