NSGB declares LE 1.25 dividend

DNE
DNE
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CAIRO: Egypt’s National Societe Generale Bank (NSGB) declared a cash dividend of LE 1.25 ($0.21) per share, according to Reuters’ calculations.

The bourse said the bank would distribute LE 458.2 million to shareholders.

The company 366.6 million outstanding shares. NSGB said its net income for 2010 rose 3.5 percent despite expectations to be impacted by Egypt’s political unrest since January of this year.

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