Arab Finance: Sidi Kerir Petrochemicals Company’s (Sidpec) ordinary general meeting (OGM) has approved the distribution of cash dividends of EGP 0.90 per share to shareholders for 2022, according to a disclosure on March 22nd.
The dividends will be paid via two installments worth EGP 0.50 and EGP 0.40 per share each.
The first installment will be received one month as of the OGM’s approval, while the second will be paid in October 2023.