Telecom Egypt Approves Cash Dividends of EGP 1.5 Per Share for 2024

Telecom Egypt’s general assembly has approved a cash dividend payment of EGP 1.5 per share for 2024, as announced in a bourse filing on April 8th. The ex-dividend date will be April 17th, and the payment will be made on April 24th.

In 2024, the consolidated net profits attributable to the holding company declined by 3.78%, reaching EGP 10.098 billion, compared to EGP 11.720 billion in 2023.

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