Arab Aluminum shareholders approve cash dividends for 2019Visits : 99

Arab Aluminum shareholders approve cash dividends for 2019

The Arab Aluminum Company (ALUM) said that the Ordinary General Assembly agreed to distribute 20% of the capital to shareholders for the 2019 profits.

The company said in a statement to the Egyptian Stock Exchange, today, Monday, that the distribution will be in two phases, the first by 5 percent, and the second by 15 percent of the capital, and thus the cash distribution to be paid is one pound per share.