Arab Finance: B Investments Holding (BINV) has decided to disburse cash dividends of $0.032425 per share to shareholders for the period ended on March 31st, 2023, as of August 23rd, according to a statement sent to the Egyptian Exchange (EGX) on August 6th.
Shareholders of record date on August 20th will be entitled to receive the dividends.
It is worth noting that the firm posted a 1,384.49% year-on-year (YoY) increase in consolidated net profit attributable to the parent company for the first quarter (Q1) of 2023, recording EGP 331.124 million.
Established in 2006, B Investments is an Egypt-based private equity firm and growth capital investor that pulls a wealth of expertise to actively create value in its portfolio of companies.