AT LEASE changes eligibility date for EGP 0.38/share dividends

Updated 1/4/2023 10:41:00 AM
AT LEASE changes eligibility date for EGP 0.38/share dividends

Arab FinanceAl Tawfeek Leasing Company (A.T.LEASE) (ATLC) changed the eligibility for cash dividends of EGP 0.378 per share for the period ended September 30th to be for shareholders until the record date of January 5th instead of January 8th, according to a filing to the Egyptian Exchange (EGX) on Wednesday.

On December 26th, the A.T. Lease announced the distribution date of the approved dividends would be January 11th.

In the first nine months of 2022, the company recorded a consolidated profit excluding minority interest of EGP 132.459 million, compared to EGP 117.347 million in the same period a year earlier.

AT LEASE is an Egypt-based Islamic sharia-compliant leasing company, which provides a variety of international leasing solutions and products. The company offers its products under the following categories: financial lease/capital, true ease, structured lease, and vendor lease.

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