ArabFinance: Al Shams Housing and Urbanization (ELSH) announced that it will distribute cash dividends worth EGP 0.20 per share in two installments, according to a statement filed to the Egyptian Exchange (EGX).
The first installment will be paid to minority shareholders as of October 14th, 2021, and to majority shareholders as of February 28th, 2022.
Meanwhile, the second installment will be paid to minority shareholders as of December 30th, 2021, and to majority shareholders as of April 21st, 2022.
The cash dividends will be distributed with the eligibility for shareholders on a record date of October 11th, 2021.
Al Shams Housing is primarily focused on the purchase and lease operations of lands for the purpose of developing, managing, selling, and leasing out property and buildings, as well as offering contracting, construction, maintenance, and management services to residential, touristic, and administrative structures.