Cairo – Mubasher: The ordinary general meeting (OGM) of Suez Canal Company for Technology Settling has approved to pay out EGP 1.5 per share cash dividends with a total value of EGP 136.35 million for fiscal year ended on 31 August 2020.
The cash dividend will be distributed over two payments: EGP 45.5 million and EGP 90.9 million, according to the company's disclosure to the Egyptian Exchange (EGX) on Thursday.
It is noteworthy to mention that in fiscal year 2019/2020, the company's standalone profits declined to EGP 301.93 million, compared to EGP 476.61 million during the previous year.
