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Pachin to distribute dividends to shareholders

Paints and Chemical Industries (Pachin) will distribute cash dividends to shareholders at a value of EGP 1.25/share in two installments.

The company has clarified that the right to distribute will expire for the buyer of the stock at the end of the January 25th session.

The first installment of EGP 0.57 per share is scheduled to be paid on January 31.

While the second installment of EGP 0.50 will be paid on March 31.