Egypt's Raya to pay higher dividend, says stock exchange

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CAIRO: Egypt’s Raya Technology and Communication will pay a cash dividend of 0.25 Egyptian pounds per share, the stock exchange said on Thursday, up from LE 0.21 the year before.

The dividend will be paid on May 23 to investors holding the shares on May 18, the bourse said.

Shares in Raya were trading up 0.5 percent by 0804 GMT on Thursday, while the main index dipped 0.2 percent.


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By Reuters
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