Saudi Egyptian Investment’s OGM nods to dividends payment for 2021

Updated 3/20/2022 10:31:31 AM

ArabFinance: Saudi Egyptian Investment and Finance (SEIG) announced that its ordinary general meeting (OGM), held on March 19th, has approved the distribution of cash dividend worth EGP 1.5 per share for 2021 earnings, according to a statement filed to the Egyptian Exchange (EGX).

The dividends are expected to be paid to shareholders by the end of April, the statement added.

It is worth noting that the company posted a net profit after tax of EGP 19.21 million in 2021, compared to a net profit of EGP 26.71 million in 2020.

Saudi Egyptian Investment is an Egypt-based public shareholding company that is engaged in undertaking investment activities in different business sectors, as well as providing different financial services.