Suez Cement Announces EGP 1/Share Cash Dividend

Suez Cement Co. (SUCE.CA) said it will distribute Coupon No. (27) of EGP 1 per share payable on 04/10/2012.

Shareholders as of Monday closing session of 01/10/2012 are entitled to cash dividends distribution.

The cash dividends shall be distributed through the Misr for Central Clearing, Depository & Registry (MCDR)’s accredited centers.

This comes after Suez Cement’s ordinary general assembly had approved cash dividends distribution of the gains posted during the fiscal year ended on 30/06/2012 .

Worth mentioning, Suez Cement’s business results for the first half of 2012 revealed a net profit of EGP 266.391 million, 35.4% down from a year earlier net profit of EGP 412.438 million.