EGX releases reminder of GSK – Egypt's dividend payment date

Updated 7/4/2021 3:00:00 PM

ArabFinance: The Egyptian Exchange said that today is the record date for GlaxoSmithKline’s (GSK – Egypt) (BIOC) annual cash dividends, according to a reminder statement released on June 17th

The company will distribute on July 7th cash dividends of EGP 0.50 per share, the statement highlighted.

GSK-Egypt reports a consolidated net profit of EGP 2.697 million in Q1 2021, compared to EGP 23.142 million in Q1 2020.

The company’s ordinary general assembly approved on May 26th the annual cash dividends of EGP 0.50 per share for 2020.

GSK Egypt, a member of the British pharmaceutical company Glaxo Group, is an Egypt-based company engaged in the manufacture, packaging, marketing, sale, and distribution of pharmaceutical products.