GB Auto, Egypt’s biggest listed automobile assembler, will pay a LE 3.09 ($0.54) dividend on Oct. 3, it announced in a newspaper advertisement on Wednesday.
The dividend will be paid to investors owning shares as of Sept. 30.
The company’s second-quarter net profit surged 92 percent from a year earlier, bolstered mainly by an extended sales recovery from a slump in 2009.
GB Auto’s share closed 0.4 percent higher on Tuesday at LE 37.64, while the benchmark index inched down 0.04 percent.
