Arab Finance: Eastern Company has decided to pay cash dividends of EGP 2.70 per share, or a total of EGP 8.10 billion, to shareholders in two installments for the fiscal year ended June 30^th, 2024, according to a disclosure on October 3rd.

The first installment is worth EGP 1.70 per share, and will be disbursed on October 21^st, while the second, worth EGP 1, will be paid on November 25^th.

The eligibility in distribution will be for shareholders until the record date of October 16th.

Eastern Company is an Egypt-based company engaged in manufacturing tobacco products. The company’s product portfolio includes cigarettes, cigars, pipe tobacco, molasses tobacco, and other related products such as cigarette filter rods and homogenized tobacco.

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