Egypt Gas unveils dividends payment dates to be on April 21
Updated 3/31/2022 10:41:00 AM
ArabFinance: Egypt Gas (EGAS) announced the payment date of the EGP 1.5 per share cash dividend for 2021 earnings, which is set to be paid on April 21st, according to a filing to the Egyptian Exchange (EGX).
Dividends distribution would be eligibile to shareholders until April 18th‘s trading session.
On March 27th, the company said that its ordinary general meeting (OGM) approved the distribution of EGP 1.5 per share in cash dividends for 2021 earnings.
It is worth noting that Egypt Gas reported a net profit after tax of EGP 165.828 million in the full year ended December 31st 2021, up from EGP 84.665 million in 2020.
Egypt Gas is an Egypt-based shareholding company engaged in the design, installation, operation, and maintenance of natural gas distribution networks and pressure reduction stations for domestic, commercial, and industrial applications.
