Arab Finance: Eastern Company’s (EAST) has decided to distribute a cash dividend of EGP 1.45 per share in two installments, as per a disclosure.
The first installment, valued at EGP 1.00 per share, will be disbursed to shareholders starting May 25th, while the second installment, worth EGP 0.45 per share, will be paid as of June 28th.
The company added that the right to the dividend distribution will transfer to the buyer of the share until the close of trading on Monday, May 20th.