Acrow Misr to pay EGP 1.75/share dividends for 2020

Updated 11/28/2021 10:05:49 AM

ArabFinance: Acrow Misr for Scaffolding and Formwork (ACRO) announced that it will distribute cash dividends worth EGP 1.75 per share to shareholders for the full-year 2020, according to a statement filed to the Egyptian Exchange (EGX).

The dividends will be paid over two installments; the first worth EGP 0.75 per share and the second valued at EGP 1 per share.

The first installment will be paid on December 1st, 2021, while the second installment will be paid on December 22nd, 2021, with the eligibility for shareholders of record date of November 28th, 2021.

Established in 1977 and listed on EGX in 1982, Acrow Misr operates within the capital goods sector, focusing on construction and engineering.