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CAIRO - Telecom (BCBA:TECO2m) Egypt, a leading telecom operator in Egypt, has announced that it will distribute dividends to its shareholders on April 24, 2025. The record date for the dividend is set for April 17, 2025, with a coupon amount of EGP 1.5 per share. This marks the 23rd coupon issued by the company.
The forthcoming dividend distribution underscores Telecom Egypt's commitment to providing returns to its investors. The company has a longstanding history in the Egyptian telecom market, offering a broad spectrum of services ranging from fixed and mobile voice to high-speed internet and cloud computing solutions.
Telecom Egypt's position in the market is further solidified through its mobile operation "WE" and a significant 45% ownership stake in Vodafone (NASDAQ:VOD) Egypt. Its shares and GDRs are listed on both the Egyptian Exchange and the London Stock Exchange (LON:LSEG) under the tickers ETEL.CA and TEEG.LN, respectively.
The information regarding the dividend distribution dates is based on a press release statement from Telecom Egypt.
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