Arab Finance: Ezz Steel (ESRS) will pay the EGP 0.8 per share dividends, approved for 2021, as of June 15^th, according to a filing to the Egyptian Exchange (EGX) on Sunday.

Eligibility in distribution is for shareholders until the trading session of June 12^th.

It is worth noting that the company turned to profitability in 2021, with a consolidated net profit attributable to the parent company of EGP 3.52 billion in 2021, versus a net loss of EGP 4.68 billion in 2020.

Ezz Steel is an Egypt-based manufacturer and trader of steel and related products. Together with its subsidiaries, the company is engaged in the manufacture, trade, and distribution of iron and steel products of all kinds and associated services.